Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike threatening to close ...

The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.

Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...

Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.

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 ...

Stream NBC 5 for free, 24/7, wherever you are. The current spike in use of air freight is primarily in cargo volumes bound for Europe, as more companies avoid the longer Red Sea diversions around ...

Legislation designed to enhance maritime supply chain connectivity was recently passed in the U.S. House of Representatives. The Ocean Shipping Reform Implementation Act, sponsored by Reps. Dusty ...

Add Yahoo as a preferred source to see more of our stories on Google. A handout photo, made available on 21 November 2023, by the Houthi Military Media Center, depicts Houthi helicopter flying over ...

On 26 June 2024, K2 Integrity, Fieldfisher, and Al Tamimi & Company hosted a webinar discussing the far-reaching consequences on global trade, security, and economic stability of the Red Sea shipping ...

Short sea shipping represents a crucial component in the contemporary transport landscape, offering an alternative to road transport by utilising coastal and inland waterways for moving goods over ...

If the latest decrease in rates holds, it would provide some relief for U.S. shippers who have seen ocean freight rates from the Far East to U.S. increase in a general range of 146% (East Coast) to ...