Container rates soar on concerns of prolonged Red Sea disruption, inflation
U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea
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U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea
LONDON/LOS ANGELES: Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red...
The rerouting of container shipping around the Cape of Good Hope is increasing costs and delays for shippers. But a repeat of the pandemic-era supply chain crisis is not on the cards
Equipment shortages and network reorganisation will put pressure on rates for the coming weeks. Some relief is expected after mid-February
Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption…