Expect the disruptions to container shipping in the Red Sea to linger into the third quarter, according to Maersk CEO Vincent Clerc. The onslaught on commercial shipping has persisted since November, ...
From groceries on store shelves to materials used in construction, nearly everything in Hawaiʻi arrives by air or sea. That’s ...
Cargo rates on trade routes from Asia to Europe and the Far East to the Mediterranean are showing a slight decline after the January spike caused by Houthi attacks in the Red Sea. Logistics experts ...
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.
36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...
36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...
LSTR continues to face freight challenges with weak demand and excess truck capacity, leading to margin compression and a decline in EPS from $1.62 to $1.31. The heavy-haul and specialized freight ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
Ship diversions from the Red Sea helped push up container freight rates by roughly 30% in the past couple of weeks, with costs for importers set to rise further as they boost their volumes ahead of ...
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