Page 3 - Simon Wolfson News Today

Container ships are being forced to avoid the Red Sea and Suez Canal, the main route for shipments from Asia to Europe and an important one for deliveries to the US East Coast, after Iran-backed Houthi rebels started attacking ships as part of a campaign against Israel.

Red Sea: The diversions have raised fears of another prolonged disruption to global trade just as supply chains unsnarl after the COVID pandemic.

The diversions have raised fears of another prolonged disruption to global trade just as supply chains unsnarl after the COVID pandemic.

Maersk boss says it could take months before trade route is safe to traverse

Retailers worldwide are racing against the clock to stock up on goods to avoid inventory shortage

Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea.

Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters. One European retailer said it was delaying marketing campaigns for some specific goods until stocks were secured. Major container ship operators like Maersk and Hapag-Lloyd are re-routing vessels away from the Suez Canal - the shortest route from Asia ...

Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters. One European retailer said it was delaying marketing campaigns for some specific goods until stocks were secured. Major container ship operators like Maersk and Hapag-Lloyd are re-routing vessels away from the Suez Canal - the shortest route from Asia to...

The biggest disruption to global trade since the Covid pandemic threatens to push up prices just as surging inflationary pressures have started to…

New car market grew by nearly 18% in 2023 The number of new cars registered in the UK grew by around 17.9% last year, new figures show. Some 1.9 million