A closer look at how the Iran conflict is disrupting the global ocean freight and air cargo supply chains, beyond oil (AP Photo) ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
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.
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 ...
Recent years have been rough for ocean freight forecasting. This year is no exception. Just a few months into 2025, and the market is already shaping up to be one of the most unpredictable, and ...
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 ...
By Allison Lampert and Lisa Baertlein March 13 (Reuters) - Air freight rates have risen by as much as 70% on some routes since the start of the U.S.-Israeli war on Iran, data shows, as the conflict ...
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 ...
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 ...
DAVOS, Switzerland (Reuters) - Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices ...
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 ...