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 cost to ship goods in containers to Europe from China jumped over the past week as the war in the Mideast disrupts one of ...

On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...

Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict ...

The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...

In recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked ...

The largest-capacity container ship ever to visit an East Coast port has sailed under a bridge that was elevated to handle such vessels. The Theodore Roosevelt passed under the Bayonne Bridge Thursday ...

Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the ...

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 ...