Retail inventories remain lean and a later Lunar New Year is expected to improve freight demand following a soft March and April.
By Allison Lampert and Lisa Baertlein March 13 (Reuters) - Air freight rates have risen by as much as 70% on some routes since the start of the U.S.-Israeli war on Iran, data shows, as the conflict ...
Dustin Verdin is the Executive Director of Business Innovation at Zipline Logistics, where he leads all innovation and technology efforts. As we continue through 2024, it's shaping up to be a ...
A 90% year over year drop in ocean freight rates for cargo from China bound to the U.S. West Coast exceeded the expectation among logistics firms for just how fast trade demand would fall. Prices in ...
Markets hate uncertainty, and right now there’s plenty to go around. The outbreak of the U.S.-Iran conflict, following by ...
Soaring shipping costs are piling pressure onto physical oil markets that are already being hit by uncertainty surrounding a cap on Russian crude prices and weak Chinese buying. Earnings on the ...
It’s no secret that Alaska’s geography makes our state especially susceptible to rising transportation costs. Many communities have only one or two options to import goods needed on a daily basis.
Ocean-shipping prices are much higher than they were before the pandemic. Giving companies transparency into market rates, or benchmarking, can help them cut costs. Tech tools like Xeneta work with ...
By Florence Tan and Emily Chow SINGAPORE, March 3 (Reuters) - Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran ...
Expect to see rising prices for fuel and many goods as a result of the Middle East war, says a shipping industry veteran.