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After a sharp increase, spot rates from the Far East to the US are declining, following the earlier pattern seen in Europe.
A strong start to 2024: LA and Long Beach ports see cargo boom in January.
Despite Red Sea tensions and canal hiccups, U.S. ports are pulling off some solid cargo numbers.
US ports face new challenges with a surge in West Coast imports and East Coast disruptions due to Red Sea attacks.
U.S. and allies target Houthi rebels in Yemen, responding to threats against cargo ships in the Red Sea.
Maersk indefinitely halts Red Sea operations after a severe attack on Maersk Hangzhou on December 30.
Ocean freight rates hit $10,000 as the Red Sea crisis forces vessel diversions.
Kuehne+Nagel reports 57 container vessels are now circumventing the Red Sea and Suez Canal, choosing instead the lengthier route around Africa.
The "Oceanwings" sails can slash fuel consumption by 50-60% in ideal wind conditions.
Reelables introduces a groundbreaking 5G-enabled shipping label with built-in tracking, enhancing supply chain visibility and efficiency.
Israeli ship in Indian Ocean targeted by suspected Iranian drone amid regional tensions and ongoing conflict with Hamas.
Bypassing the crowded Malacca Strait could lower shipping costs and decrease transit times, which is significant given a quarter of the world’s traded goods pass through this narrow channel​.
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