The container shipping industry is bracing for a pivotal shift next year, with the anticipated return of vessels to the Red ...
In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...
A gradual return to the Red Sea route after long detours around the Cape of Good Hope is the key thing to watch for in ...
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 ...
In a stark reversal of fortune, the bustling Port of Los Angeles, long a reliable source of freight for truckers across the nation, is facing a significant downturn in container volumes. This decline ...
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 ...
Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
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.
Coastguard services have warned local shipping on the Isle of Wight after 15 containers fell overboard in the Solent.
Federal and local authorities continued to battle a fire on an Ocean Network Express container ship on Monday — the fourth ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...