As Drewry's WCI jumped 12 percent this week, China's transport ministry fined and warned major container lines over freight ...
LOS ANGELES (Reuters) -Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning the surge ...
Surging diesel prices, shifting containerized trade activity, and increased truckload capacity enforcement are challenging ...
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 ...
Shoppers browse in the meat section of a major supermarket in Seoul on May 11, as global shipping rates rise again in the ...
Hapag-Lloyd is raising its profit forecast for 2024 for the second time, following in the footsteps of rival ocean carrier Maersk as the container shipping industry continues to benefit from elevated ...
Starting from the end of 2020 and into 2021 container shortages and congestion at ports, along with other disruptions, resulted in record container freight rates, notably on the routes from China to ...
Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...
Large container ship Cosco Shipping Lotus docks at a terminal of Lianyungang port in Lianyungang, East China's Jiangsu Province on April 5, 2023. Photo: VCG Shanghai International Energy Exchange (INE ...
Dockworkers with the International Longshoremen’s Association went on strike at midnight Tuesday, shutting down container freight operations in New York City ports and along the eastern seaboard and ...
Intercontinental Exchange (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that it plans to launch four ...