Additionally, as we saw this year, ongoing changes in tariff and trade policies will likely continue influencing market demand and affecting where ocean carriers allocate their capacity, based on how ...
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.
President Joe Biden on June 16 signed the Ocean Shipping Reform Act, a legislative package designed to bolster the domestic shipping industry, and which drew praise from transportation and business ...
Ocean shippers can’t be blamed for feeling a little seasick. Port strikes, trade concerns, changing carrier alliances and geopolitics will continue to roil maritime transportation in 2025. The attacks ...
A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs. Israel’s airstrikes on Iran drove up freight rates ...
The Ocean Shipping Reform Act, bipartisan, bicameral legislation designed to help fix supply chains and ease shipping backlogs, passed the House by a bipartisan vote of 369-42 June 13, heading to ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
Shipping giant Maersk is backing new international fuel standards and shifting to dual-fuel vessels. (Maersk photo) An international body that regulates ocean shipping is preparing to finalize a ...
Freightos, the freight booking and payment platform, launched its WebCargo Rate & Quote Ocean capability, allowing freight forwarders to manage rates, quote, and book freight on a single digital ...
New quarterly report helps shippers better understand when to book ocean freight to help ensure goods arrive on time and mitigate risks of downstream disruptions AUSTIN, Texas--(BUSINESS WIRE)--E2open ...