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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.

Container freight rates from Asia to the US West Coast exceed USD 2,000/FEU

Phaata

31-05-2020

Container freight rates from Asia to the US West Coast have risen this week, due to a drop in shipping capacity that has not kept pace with the increase in shipping demand to replenish stocks.

PIL negotiates with Temasek for financial relief

Phaata

28-05-2020

Pacific International Lines (PIL) is in discussion with Helliconia Capital Management - a unit owned by state-owned Temasek Holdings - for an investment to bail out the container line.

Situation of goods import-export of Vietnam in April and 4 months of 2020

Phaata

25-05-2020

According to preliminary statistics of the General Department of Customs in April 2020, the total import-export turnover of the whole country reached US $ 36.11 billion, down 22% compared to March 2020, corresponding to a decrease of 10 , 17 billion USD.

Cut capacity to increase freight rates despite reduced demand

Phaata

19-05-2020

By blanking a lot of sailings, carriers were able to maintain freight rates at 25-40% higher than last year, despite weakening demand as countries closed. most retail stores and most of the production.

Freight rates are stable as carriers find a balance between supply and demand

Phaata

16-05-2020

Only six more blanked sailings in the past week have marked the stability of long-haul routes that are currently in need of balancing with available shipping capacity, suggesting that freight rates are gradually coming in stability.

OOCL's performance in the first quarter and upcoming market trends

Phaata

13-05-2020

Business results of the container shipping company OOCL in the first quarter of 2020 and the trend of international container shipping market in the near future.

APL updates Gulf Asia Express 2 (GA2) service for Asia-Middle East shipping

Phaata

08-05-2020

With the addition of a call to Vung Tau, the APL container shipping line allows direct connections to Vietnam from Middle East.

Hapag-Lloyd announces freight rates from East Asia to Northern Europe & Mediterranean

Phaata

07-05-2020

The container shipping line Hapag-Lloyd has announced a new freight rate for shipping from East Asia to Northern Europe & the Mediterranean, effective May 15, 2020.

European ports prepare for a cargo drop in the second quarter

Phaata

05-05-2020

The ports of the Mediterranean and Northern Europe will be badly affected by the recently canceled container shipping services. The number of blanked sailings has now reached 250-300% of what is normally seen during New Year's greetings in China.

COSCO increases revenue per TEU as volumes decrease

Phaata

03-05-2020

Cosco Shipping was able to maintain freight rates for the first quarter even when container volumes fell due to the 2019 Corona virus disease (COVID-19)