Air cargo costs are soaring by up to 70% on some routes. A conflict in the Middle East is disrupting flights and blocking sea shipments. This is forcing companies to use more expensive air freight.
The current war in the Middle East has resulted in a sharp jump in spot freight rates in the key tanker segment. Indian ...
Global container shipping capacity continues to outpace demand, pushing spot rates lower and clouding carriers’ outlook for ...
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 ...
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 ...
האתר עושה שימוש בעוגיות (Cookies) לצורך שיפור חוויית המשתמש, ניתוח נתוני גלישה והתאמת תכנים אישית. המשך הגלישה באתר מהווה הסכמה לשימוש בעוגיות כמפורט במדיניות הפרטיות. באפשרותך, בכל עת, לשנות את ...
This week, global trade policy saw several notable developments suggesting a turning point in how major economies manage supply chains, resource dependencies, and trade imbalances. The EU’s push to ...
[Stay on top of transportation news: Get TTNews in your inbox.] A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry ...
Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volume, said on Tuesday.
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 ...