A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ...
Houthi attacks and the military response from the U.S. and allies raise fears about inflation in the Red Sea crisis, but China's economy is a big factor.
Ocean freight rates across major container trading routes rose for the first time since July as the movement of goods surged ...
Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top ...
This route normally carries 40 percent of ocean freight traffic between Asia and Europe, including energy products such as oil and diesel fuel, agricultural products such as grains and oilseeds ...
Ocean freight rates for goods leaving Chinese ports are expected to drop further in the next two months amid a glut of container vessels. China’s slowing exports could also weaken demand.
U.S. Presidential elections on November 5, 2024 could have significant implications for global trade and supply chains.