The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
SINGAPORE (Reuters) -Asia-U.S. sea freight rates are set to drop further in 2025 as shipping capacity outpaces demand and trade routes shift due to tariffs and geopolitical tensions, though vessel ...
Freight forwarders are reporting high demand for goods to be sent via rail from China through Russia to Europe in light of the disruption caused to ocean routes caused by Houthi attacks on the Red Sea ...
Imports entering U.S. ports came in significantly above expectations to start 2024. In January, major U.S. ports handled 1.96 million 20-foot equivalent units (TEUs), up 8.6 percent from 1.81 TEUs of ...
A mass return to the Suez would release approximately 2.1 million 20-foot equivalent units (TEUs) of nominal capacity, equivalent to 6.5 percent of the current global fleet, Sea-Intelligence says. The ...
The issue involved the existing compliance timeline under sea cargo regulations. CBIC amended the rules to extend the deadline to 30 June 2026. The key takeaway is that stakeholders get additional ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. PORTAGE, Ind. — Officials with the U.S.
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