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 ...
Spot container shipping rates on trans-Pacific routes are experiencing a notable upward trend, at least for the time being. Recent data indicates the rate increases container shipping companies have ...
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 ...
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 ...
Container shipping costs from Korea to major economies, including the United States, the EU and China, dropped from a month ...
Of the many supply chain headaches brought on by the COVID-19 pandemic in 2020, shipping container backlogs were arguably one of the worst. A record 109 bottlenecked ships were documented by the ...
Pier 300 of the Port of Los Angeles. A bill targeting bottlenecks caused by shipping companies will go to a conference committee in Congress. Container shipping rates, recently at an all-time high, at ...
[Stay on top of transportation news: Get TTNews in your inbox.] Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to ...
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 ...