Ocean freight spot rates are experiencing a sudden, surprise spike as a container crunch in peak shipping season roils global trade and could hit the consumer.
Ocean freight spot rates are experiencing a sudden, surprise spike as a container crunch in peak shipping season roils global trade and could hit the consumer.
/PRNewswire/ MTS Logistics, Inc., a New York City-based shipping company, has raised over $100,000 for autism awareness as part of its annual charity bike.
New York-based shipping and logistics company MTS Logistics announced today that it has raised over $100,000 for autism awareness through its annual bike tour charity event. The 13th Annual Bike.
The mass quarantine measures imposed this past weekend in Shanghai, including highway closures, severely affected trucks carrying exports bound for the city’s port, according to logistics company Orient Star Group. “Trucks loaded with cargoes and containers were unable to enter the Shanghai terminal,” said the company, which also contributes to CNBC’s Supply Chain Heat Map. .