In a sign that the supply chain crisis that’s marred the latter half of the pandemic may finally be on the wane, freight rates have declined for the first time this year. You might take this as your ...
The government has asked shipping companies, vessel operators and their agents to refrain from “predatory, non-transparent and opportunistic pricing” practices as freight costs rise sharply amid ...
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 ...
Sheel Bhattacharjee, head of European freight pricing at Argus Media, discusses the Iran conflict's impact on shipping costs ...
Increased shipping costs driven by the conflict in Iran will be passed on to consumers, the boss of the world's second ...
Freight costs from the Far East to the U.S. and Europe have increased week-on-week, while almost 150 container ships currently unable to leave the Arabian Gulf due to the risk of sailing through an ...
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 ...
Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Longer ...
Macquarie analysts warned on Tuesday that ongoing conflict in Iran could create significant freight cost pressures for Australian household retailers, particularly those exposed to furniture imports.
[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 ...