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Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by Xeneta.
High rates and capacity shortages will last into February. But shippers can expect a gradual easing after Chinese New Year
Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing rec...
EV manufacturers pause production in Europe as the Red Sea shipping crisis deepens.
As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will…