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 ...
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 ...
As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows shipping rates between the U.S and China are dropping by more than 50% in just a month. Data provided by ...
A Drewry analyst says shippers "should not panic" regarding freight rate increases, which are most prominent on ...
The global container shipping market faces overcapacity in the coming years, and rates paid by customers have fallen to an "unsustainable level," A.P. Moller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) CEO& ...