Drewry says ocean freight rates rose to their highest level since September 2024 as importers replenish lower inventories and accelerate shipments ahead of July fuel surcharges and potential tariff ...
By Lisa Baertlein LOS ANGELES, June 10 (Reuters) - The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices ...
Government initiatives aim to boost India's container manufacturing and shipping capacity amid rising export challenges 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 ...
This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...
Global trade dynamics were marked by heightened protectionism, legal pushback, and strategic realignments this past week. The U.S.-India trade confrontation intensified sharply as the U.S. imposed a ...
Strong demand on the trans-Pacific keeps container rates high despite lower fuel costs, though volumes may be peaking early.
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 ...
The carrier now expects global container volumes to grow 4 percent in 2026, reflecting stronger-than-anticipated market ...
The container shipping industry took a major hit to close out 2023, with major ocean carriers incurring a $684 million net loss in its fourth quarter as cargo prices fell drastically throughout the ...
The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts ...
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 ...
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