Add Yahoo as a preferred source to see more of our stories on Google. (Photo: Jim Allen / FreightWaves) In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ...

With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.

Add Yahoo as a preferred source to see more of our stories on Google. Expoect ocean shipping to see some headwinds in 2025. (Photo: Jim Allen/FreightWaves) Ocean shippers can’t be blamed for feeling a ...

Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...

LONDON – Spot ocean container rates increased 9% this week to $1,661 per 40-foot container, putting them once again at levels much higher (+17%) than they were pre-pandemic. According to Drewry’s ...

Mediterranean Shipping Co., the world’s largest ocean container carrier, has acquired joint ownership stake in a fleet of tankers. The post Largest container line makes major move into tanker market ...

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 ...

With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis' attacks, cargo prices are soaring. Just when Covid ...