The Department of Justice alleges companies in China conspired to raise the price of new shipping containers months before the outbreak of COVID-19. The recycling industry was one of several sectors ...
The container shipping industry is being hit on multiple fronts, and the impact is being felt on freight prices for importers and exporters. “The good news is that the container market is still ...
A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it's unclear whether that will be sustained heading into the new year. "With inflationary ...
Trade and tariff concerns are roiling an already volatile market and pushing up prices for shipping containers in North America, a new report says. The region saw a 20% spike in average container ...
Although the Strait of Hormuz is showing signs of relief in the wake of the framework agreement between the U.S. and Iran to end the war, ocean spot freight rates are soaring to averages not seen in ...
The four companies allegedly colluded to cut container output to raise prices. The companies account for nearly all of the world's standard shipping containers. China is likely to view the charges as ...
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