Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
As Drewry’s WCI jumped 12 percent this week, China’s transport ministry fined and warned major container lines over freight ...
Ocean freight rates out of China to the U.S. are still falling after their strong spike in May, and are expected to further decline through the coming months, especially if a projected end-of-summer ...
Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Longer ...
Spot freight rates out at sea escalated to kick off May as uncertainty rages on throughout the global supply chain, particularly close to the Red Sea. The sudden jump in spot rates after three months ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
LONG BEACH, Wash. — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Shipping containers that are lost at sea can pose a number of different ...
The frontloading of cargo container shipments ahead of President Donald Trump's anticipated tariffs on trading partners has contributed to a sharp, sudden decline in pricing power for ocean shipping ...
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