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 ...
With 15 days remaining in the 2024-25 fiscal year, container handling at Chattogram Port has surpassed the total volume handled in the previous year, overcoming the dollar crisis, LC complications, ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
On the 1st, the International Longshoremen's Association (ILA), which led the strike at a port in the southeastern United States, directly criticized the excessive profits of shipping companies ...
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 ...
Intra-Asia container shipping rates have reached a six-month high, averaging $716 per 40ft container in the final two weeks ...
Goldman Sachs' supply chain congestion index nears "Congest" level for the first time in 1.5 years due to rising container ship backlogs and soaring ocean shipping rates. Apollo Management warns of ...
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