Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
Standard shipping container exterior showing width and structure commonly used for residential container home projects. The company provides clarification on shipping container dimensions relevant to ...
As ports and hinterland transport struggle to keep up, delays at ports are soaking up capacity leading to frustration on the shippers’ side and leaving carriers struggling to keep up all the while ...
In this article, we will be taking a look at the 15 biggest shipping companies in the world in 2024. Before diving into the list, let’s first take a look at the current state of the shipping industry ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...