Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Freight Right Global Logistics reports ocean shipping rates rose $700-$900 amid the U.S.-China trade tensions, with air ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
FedEx (NYSE:FDX) said Monday it plans to raise its freight shipping rates by about 4.5% starting in July. The change includes certain FedEx Freight shipments within the U.S., Canada and Mexico, and ...
Are you choosing Less-Than-Truckload (LTL) for your next shipment booking? If so, you’ve come to the right place! We understand that you want the LTL freight rates to be as low as possible without ...
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% compared to mid-May, reaching $3,341 per forty-foot equivalent unit. The ...
[Stay on top of transportation news: Get TTNews in your inbox.] A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry ...
European shipping and logistics firms are under pressure heading into third-quarter earnings season, as analysts trim profit ...
Supertanker freight rates surged this week and are set to stay elevated on U.S.-China tit-for-tat hikes in port fees and ...
I believe the recent news related to the Red Sea conflict keeps geopolitical risks high, which could support steady freight rates this year. I believe ZIM Integrated's current share price already ...
I find ZIM’s dividend appealing, but I’m concerned it heavily depends on freight rates staying artificially high due to Red Sea disruptions. I foresee no meaningful drop in freight rates until a ...
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