Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike threatening to close ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...
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.
New data shows that freight rates for ocean carriers have risen significantly since the start of May. According to Freightos, ex-Asia rates have increased by around $1,000 per 40-foot-equivalent units ...
When a patient fills a prescription at a pharmacy close to home, the transaction is the last part of a tightly controlled supply chain that starts on the other side of the world. In recent months, a ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
Attacks by Yemeni Houthi rebels on merchant ships in the Red Sea have hit world trade. Between November and December 2023, the number of containers travelling through the Red Sea each day fell by 60% ...
ZIM Integrated Shipping Services is a deep-value opportunity trading at 0.56x book value headed into a rapidly rising earnings environment. Based on interviews with experts, I believe that the Red Sea ...
The diversion of cargo ships to avoid Houthi attacks in the Red Sea will likely cause a spike in shipping rates, experts say. Meanwhile, a naval coalition being assembled by the U.S. to combat the ...
The U.K.-owned vessel is the first craft sunk by the Houthi rebels since they started their campaign against commercial shipping in the Red Sea. The ship was carrying a cargo of fertilizer when it ...
Supply chain professionals in the ocean freight industry are constantly seeking ways to reduce costs and increase efficiency, and technology can be a powerful ally in achieving these goals. With the ...
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