Market news

Select service type

Request for quotes

Port of Los Angeles Surpasses 10 Million TEU in 2025 - Marking the Third Time in History

Phaata

23-01-2026

Despite tariff headwinds, the Port of Los Angeles closed 2025 with a throughput of 10.2 million TEUs – crossing this milestone for the third time in its history.

Vienna Airport Sets New Air Cargo Record in 2025

Phaata

22-01-2026

With total throughput reaching a record 313,763 tonnes in 2025, Vienna Airport continues to affirm its position as a key logistics gateway for Central and Eastern Europe.

CMA CGM Scraps Red Sea Plans for Asia-Europe Trade; Xeneta Warns of Supply Chain Unpredictability

Phaata

21-01-2026

CMA CGM has announced a return to Cape of Good Hope routings for Asia-Europe trades, reversing its recent decision to transit the Red Sea. Experts from Xeneta warn that this constant shifting creates instability for shippers, eroding trust in schedule reliability and increasing inventory management risks.

Pre-Lunar New Year Air Freight Peak: Shippers Urged to Book Early

Phaata

21-01-2026

Ahead of the Lunar New Year (February 17), leading freight forwarders such as Scan Global Logistics and Dachser are collectively warning shippers to book 1-2 weeks in advance. Extended factory closures and airline flight cuts are expected to cause severe capacity shortages across Asia.

Surging India-Iran Air Freight: Risk of 'Collateral Damage' from Proposed US 25% Tariffs

Phaata

20-01-2026

Air cargo volumes from India to Iran have surged nearly 200% over the past five years. However, this growth momentum faces significant challenges as US President Donald Trump’s proposal to impose a 25% tariff on Iran’s trading partners threatens to disrupt this burgeoning supply chain.

International Shipping and Logistics Market Update Week 3/2026 | Phaata

Phaata

19-01-2026

The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 3 (from January 12 - 18), 2026.

Global Tanker Market Forecast 2026

Phaata

19-01-2026

Tim Smith, an expert from MSI, assesses that the tanker market enters 2026 on a solid footing driven by geopolitical instability and surging oil production. However, the wave of newbuilding deliveries commencing this year could exert pressure to reverse market trends in the 2027–2028 period.

Red Sea Restart: Signaling Lower Rates for Asia-US Shippers

Phaata

18-01-2026

Maersk’s decision to resume services via the Red Sea could release 6-8% of global shipping capacity, creating significant downward pressure on freight rates for Asia-US shippers as the market enters a crucial contract negotiation phase.

Wan Hai and Interasia Restructure NS5 Service and Launch New TVS Service Connecting Southeast Asia

Phaata

17-01-2026

Wan Hai Lines and Interasia Lines have announced plans to modify the NS5 service route starting next month, adding calls at Phuoc An (Vietnam) and Chiba (Japan). Simultaneously, the carriers are launching a new service, TVS, connecting Taiwan with key Southeast Asian ports.

Soaring revenue brings record profits for HMM

Phaata

18-05-2021

HMM reported its highest-ever operating profit for Q1 2021 with strong increases in volumes and freight rates.

COSCO Shipping deploys online marketing on PHAATA Logistics Marketplace Platform

Phaata

13-05-2021

Evergreen's revenue up 35 percent in Q1

Phaata

08-05-2021

Evergreen's revenue was up 35% to TW$64.69 billion (US$2.27 billion), according to preliminary unaudited figures disclosed on 6 May.

Maersk forecasts that 2021 profits could double the target

Phaata

05-05-2021

Maersk forecasts that its full-year net profit could be twice as high as previous estimates, reaching between USD 9 billion and USD 11 billion.

Wan Hai launches new services to meet the Vietnamese market demand

Phaata

04-05-2021

Wan Hai opens CI8 transport service connecting South China, Vietnam and Western India and VTV2 service connecting Taiwan-Vietnam-Thailand weekly.

COSCO's Q1 profit was 26 times higher than the same period in 2020

Phaata

03-05-2021

COSCO Ship Holdings (CSH) announced its first quarter 2021 net profit increased 26 times to CNY 17.8 billion (USD 2.71 billion), due to the strong recovery of the container shipping industry.

MSC deploys global electronic bill of lading (eBL)

Phaata

30-04-2021

An electronic bill of lading (eBL) allows shippers and supply chain stakeholders to receive and transmit bill of lading documents electronically without any changes or interruptions to the bill of lading in business activities.

DP World's global container throughput increased by a record 10.2% in Q1 2021

Phaata

27-04-2021

DP World operated 18.9 million TEUs in the first quarter of 2021, seen as "a strong start to the new year", especially at ports in India and Australia.

ONE Apus has unloaded at Long Beach after last year's major accident

Phaata

20-04-2021

ONE Apus unloaded at Long Beach port after it crashed nearly 2,000 containers in the Pacific Ocean last year.

Shipping lines need to build confidence in sea transport to win the pharmaceutical industry

Phaata

17-04-2021

Confidence in the ocean supply chain is still low, especially for the transportation of vaccines, shipping lines need to improve the reliability and responsiveness of the logistics system.