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 ...
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 ...
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 ...
Managing the price risk in shipping containers has become paramount as cargo owners look to hedge the cost of freight, which can account for up to 20% of cargo value. New freight futures contracts ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...
33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...
Ocean freight rates out of China to the U.S. are still falling after their strong spike in May, and are expected to further decline through the coming months, especially if a projected end-of-summer ...
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