The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on ...
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 ...
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infrastructure in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing ...
Facing ongoing pressure to reduce costs, hospitals and health systems are looking more closely at their supply chains as a source of significant, additional savings. An often-overlooked cost that ...
Military tensions in the region are increasing as both Iran, and the US, along with Israel, continue to attack each other.
India’s pharma exporters may face a ₹5,000-crore impact as the US-Iran war drives up freight costs and disrupts key shipping ...
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.
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 ...