Container xChange

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Low Panama Canal Water Levels to Impact Westbound Trade in 2024

The dry bulk and LNG segments have borne the brunt of restricted transits, according to recent research from Container xChange.

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China Plus One to Prominently Emerge in 2024, Supply Chain Professionals Predict

China Plus One is predicted to emerge in a big way come 2024, and competition and shrinking profits will necessitate market consolidation in 2024, according to predictions outlined by Container xChange.

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Container Logistics Pros Don’t Believe Shifting Container Production Away from China will Ease Supply Chain Woes

54% of container logistics professionals do not believe that shifting container production away from China would improve the supply chain, according to Container xChange's recent survey.

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Israel-Palestine Conflict to Create Challenges in Maritime Industry

The Israel-Palestine conflict has sent ripples through the shipping and maritime industry, leading international companies to issue cautionary advisories and adapt their operations in the region, according to research from Container xChange.

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91% of Container Logistics Pros Spend Up to 7 Days on Trading Negotiations

Professionals highlighted significant concerns, including extended negotiation times, difficulties in finding trustworthy buyers, and protracted sales cycles.

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Uptick in Cargo Movement from China to Russia Impacts Freight Industry

Despite recent declines in shipping rates, operators providing container shipping services are pressing forward with their expansion plans on the China-Russia trade lane.

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Searagen Adobe Stock 2989787

Low Panama Canal Water Levels to Impact Westbound Trade in 2024

The dry bulk and LNG segments have borne the brunt of restricted transits, according to recent research from Container xChange.

Destina Stock adobe com

China Plus One to Prominently Emerge in 2024, Supply Chain Professionals Predict

China Plus One is predicted to emerge in a big way come 2024, and competition and shrinking profits will necessitate market consolidation in 2024, according to predictions outlined by Container xChange.

Hit1912 Adobe Stock 144569221

Container Logistics Pros Don’t Believe Shifting Container Production Away from China will Ease Supply Chain Woes

54% of container logistics professionals do not believe that shifting container production away from China would improve the supply chain, according to Container xChange's recent survey.

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Israel-Palestine Conflict to Create Challenges in Maritime Industry

The Israel-Palestine conflict has sent ripples through the shipping and maritime industry, leading international companies to issue cautionary advisories and adapt their operations in the region, according to research from Container xChange.

Container X Change Shipping Container

91% of Container Logistics Pros Spend Up to 7 Days on Trading Negotiations

Professionals highlighted significant concerns, including extended negotiation times, difficulties in finding trustworthy buyers, and protracted sales cycles.

Ipopba Adobe Stock 514902615

Uptick in Cargo Movement from China to Russia Impacts Freight Industry

Despite recent declines in shipping rates, operators providing container shipping services are pressing forward with their expansion plans on the China-Russia trade lane.

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Container Shipping Nears Turning Point, Syncs with 4-Year Global GDP Trend to 2027

While there is optimism for recovery, the overall rates of growth are anticipated to remain lower compared to previous decades,

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Panama Canal Restrictions Set to Impact Holiday Stocks

The Panama Canal plays a critical role for U.S. shippers en-route to Gulf and East Coast ports. The United States accounts for 73% of Panama Canal traffic representing about $270 billion in cargo.

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Container Market Sentiment: It’s a Shipper’s Market

While the opinion is varied, most respondents (42%) foresee an increase in container prices in the near-term, which is indicative of potential market improvement.

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Freight Forwarders Confirm Business Slowdown in Q2

A majority of freight forwarders surveyed confirm business slowdown in Q2’23 but are hopeful for better demand betting hopes on the peak season, according to a survey conducted by Container xChange.

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Average Demurrage, Detention Charges Witness 25% Dip Globally

Demurrage and detention (D&D) rates in the shipping industry have reached unprecedented levels, especially with the Federal Maritime Commission set to make crucial decisions.

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93% of Logistics Professionals Spend Half Day Manually Fixing Problems

Nearly 53% of logistics professionals spend 3-4 hours within the week discussing terms and conditions with new partners, while 93% of logistics professionals spend 2-4 hours contacting depots for release and drop off references.

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Supply Overshooting Demand of Containers

Data from Container xChange’s last three recordings indicates that the industry expects container prices to improve soon, thereby reviving confidence.

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Supply Chain Professionals Predict Chaos in China

As compared to some 66% in 2022, there was an increase in the percentage (73%) of supply chain professionals expecting Chinese New Year to further disrupt the shipping industry this year.

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2023 to See More Friendshoring

The objective is to prevent countries – especially China and Russia – from using their market advantages in key raw materials, foods and products.

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Container Shipping to Witness Rate War in 2023

The pre-peak season in 2022 saw record container throughput in import-heavy ports. Now that the stocks have been filled, the demand is plummeting.

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Ocean Freight Booking for Shipper-Owned Containers Remains Challenging

83% of survey respondents find the need for better digital infrastructure in the future, pointing to digital vessel schedules and intuitive booking interfaces as the most impactful digital transformations in times to come.

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Empty Containers Piling up at Depots, as Owners Struggle to Return to China

The ports on the East Coast and West Coast are experiencing an increase in average container prices, while these average container prices are declining worldwide.

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Peak Season Brings Lower Container Prices in China

Average container prices halved since August 2021, while leasing rates decline by 17% from June to July this year.

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Price of Second-Hand Container Market Plummets Thanks to Oversupply of Containers

Freight rates have come down by approximately an average of 20% since the beginning of the year and will continue to slide gradually.

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2022 Sees First Price Jump in Containers

After significant lows in prices for containers, research shows the global average of monthly container prices increase for the first time this year.

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Does Lack of Prediction Ability Mean Container Shipping Chaos Peak Season?

A new report shows that more than half of freight forwarders are concerned that the peak season will bring more chaos than last year.

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Container Prices Plummet As Empties Pile Up

New research shows that container prices fell as much as 30% throughout the past two months. Empties continue to gather in the U.S. as repatriating these containers back to Asia remains a struggle.

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Global Container Logistics Players Rethinking Logistic Strategies

The top challenges for the industry remained finding spot on the vessel and surcharges by carriers. One-way leasing emerged as the most sought-after alternative as compared to getting equipment from the carriers.