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 global movement of goods via ocean freight has, thus far, remained largely unshaken by the war in Iran-though the impacts ...
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 ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
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% ...
'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, ...
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 ...
EDITOR’S NOTE: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has ...
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 ...