Ocean container rates rise 9% as Red Sea conflict mounts
Spot ocean container rates increased 9% this week to $1,661 per 40-foot container.
Source: furnituretoday.com
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Spot ocean container rates increased 9% this week to $1,661 per 40-foot container.
For Singapore Port authorities, the situation is
According to the furniture behemoth Ikea, product shipments may be delayed as a result of rebel assaults on vessels traversing the vital Red Sea trade route.
The war between Israel and Hamas has so far not had a major impact on the global economy. But a wave of attacks against merchant ships in the Red Sea could...
Continued missile attacks on merchant ships in the Red Sea have plunged supply chains into chaos, and consumers around the…