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Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact on the global economy intensifies.
Another early peak container shipping season is on tap as Asia-Pacific trade is predicted to outpace a global economic slowdown.
U.S. consumers and businesses purchase and sell anywhere from 15% to 25% of global container shipping volume, and the rush ...
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Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bellsAn 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 ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility ...
Record capacity and rising rates on some routes signal shifting dynamics in global container shipping, an analyst says.
But shipping traffic in the rest of Asia is bouncing back as traders rush to take advantage of US ‘reciprocal’ tariff pause.
With Trump’s ‘Liberation Day’ tariffs announced recently and most countries getting a temporary respite, except China, ...
US freight forwarders are bracing for a significant demand slump for container shipping after US President Donald Trump’s sweeping tariff announcement. The companies, which help their customers handle ...
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Yonhap News Agency on MSNContainer shipping costs on S. Korea-U.S. route fall for 2nd month in MarchContainer shipping costs from South Korea to the United States fell for the second consecutive month in March, the customs ...
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