Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...
The latest CPI inflation data showed a larger than expected rise led by services, but on the goods side of the economy, trade data is also showing a recent increase in U.S. imports from China. Inbound ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...
33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...
Although spot freight rates continue to tumble as more global ocean freight capacity enters the market, congestion in the largest ports in Asia and Northern Europe still endures. The Port of Singapore ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
Dockworkers with the International Longshoremen’s Association went on strike at midnight Tuesday, shutting down container freight operations in New York City ports and along the eastern seaboard and ...
Central Warehousing Corporation Ltd. (CWC) and Mangalore Refinery and Petrochemicals Ltd. (MRPL), on Thursday, January 22, ...
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