The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.
A closer look at how the Iran conflict is disrupting the global ocean freight and air cargo supply chains, beyond oil (AP ...
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 ...
Carriers abandon plans to return to Suez Canal route and reinstate Cape of Good Hope diversions, while Arabian Gulf ports ...
By Lisa Baertlein LOS ANGELES, March 3 (Reuters) - MSC, the world's largest carrier of ocean container cargo, said on Tuesday ...
LONG BEACH, Wash. (AP) — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, ...
By Jonathan Saul, Emily Chow and Jeslyn Lerh LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran ...
LONG BEACH, Wash. — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size ...
With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis' attacks, cargo prices are soaring. Just when Covid ...