Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...

HONOLULU — Ocean shipping firm Matson, BNSF Railway, and heavy-duty lock maker War-Lok will partner to enhance security for ...

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

The world’s fifth-largest ocean shipping line is testing real-time container visibility on 2 million containers. The post ...

Container freight rates are continuing their upward trajectory, with Q3 2024 poised to be one of the most profitable quarters in history. Recent rate increases in July are taking hold, contributing to ...

Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...

With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...

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 ...

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 ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Connecticut News for free, 24/7, wherever you are.