Add Yahoo as a preferred source to see more of our stories on Google. (Photo: Jim Allen / FreightWaves) In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ...
Mediterranean Shipping Co., the world’s largest ocean container carrier, has acquired joint ownership stake in a fleet of ...
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 ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.
Add Yahoo as a preferred source to see more of our stories on Google. Expoect ocean shipping to see some headwinds in 2025. (Photo: Jim Allen/FreightWaves) Ocean shippers can’t be blamed for feeling a ...
Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...
LONDON – Spot ocean container rates increased 9% this week to $1,661 per 40-foot container, putting them once again at levels much higher (+17%) than they were pre-pandemic. According to Drewry’s ...
Supply chain technology specialist WiseTech Global announced a new partnership with liner operator Hapag-Lloyd for a wide-ranging trial in real-time container visibility. WiseTech (AX: WTC) will equip ...
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 ...