Container xChangeCompany DetailsContacthttps://www.container-xchange.com/Articles & NewsOcean Ports & CarriersChina's Container Trade Faces Hold-Offs Due to Supply-Demand ImbalanceData from Container xChange reveals that while there is a surplus of units held up in Russia, capacity in that region remains saturated.Ocean Ports & CarriersChina-U.S. Container Leasing Rates Rise ThreefoldThree months into this crisis, container leasing rates on the China-U.S. trade route have surged dramatically, rising by 223%.Ocean Ports & CarriersContainer Rates Surge Amid Red Sea CrisisThe China to Europe trade lane has witnessed significant surges, with trading spot rates soaring in key Chinese ports.Ocean Ports & CarriersRed Sea Attacks Impact Shippers and Exporters in AsiaThe impact of disruptions in the Red Sea is reverberating in Europe, causing delays in shipments. Nevertheless, the persistent supply-demand imbalance has provided a cushion to the shockwaves.Ocean Ports & CarriersRed Sea Turmoil Raises Spot Rates, Container Trading, Insurance CostsThe Red Sea situation is causing significant uptick in fuel and insurance costs, longer voyages and capacity soak up for the transportation and logistics sector, according to recent data from Container xChange.Supply Chain VisibilityAssociated Costs from Geopolitical Unrest to Pose Biggest Headache in 2024Majority of shipping professionals surveyed are gearing up to enhance resilience through strategic initiatives like risk assessment and scenario planning, diversification of routes and suppliers and regulatory compliance.Request More InformationFill out the form below to request more information about Container xChange