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Spot rates surge again as carriers push through fresh July hikes
Photo: VesselFinder 19/06/2026 A series of container freight spot rate hikes and general rate increases implemented on 15 June prompted another week of double-digit price rises on the transpacific and Asia-Europe trades. This week’s World Container Index (WCI) from Drewry saw the spot rate on its Shanghai-Rotterdam leg surge 15% week-on-week to finish at $4,342…
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Gulf land bridge gains momentum as DHL, Oman Air and GWC expand capacity
19/06/2026 Deal or no deal, logistics operators are expanding their Gulf land bridge offerings with DHL, GWC, and Oman Air Cargo all pumping further capacity into the region as shocks from the US/Israeli war against Iran continue to be felt across global supply chains. Oman Air Cargo this week launched a new daily Road Feeder…
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Forwarders face profitability test as freight markets look set to stabilise
© Romolo Tavani | 19/06/2026 As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown that recovering markets are not automatically translating into easier profits. The warning, highlighted this week by profitability software provider OntegosCloud, comes as freight rates remain elevated, capacity remains constrained and geopolitical risks continue to distort supply chains. Yet first-quarter results from the world’s largest…