Page 15 - Sea Intelligence News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Any measures to ease freight choke can only be short term.

Synopsis India was also caught up in the freight-rate issue, but its export lobby group said that the container shortage has eased to some extent on the country’s west coast after the government intervened. iStock With business already pummeled by the pandemic, the logistical issues may be too much for some firms. Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs. Trade associations in China have raised antitrust concerns with the government, while similar pressu...

With Hapag-Lloyd -- and by extension its partners in THE Alliance -- advising customers of 21 de facto canceled sailings in February in the eastbound trans-Pacific due to schedule disruptions, importers should anticipate even tighter capacity in the coming months.

Container freight rates are continuing to rise on capacity and availability crunch with SCFI spot rates to Europe up over 24% in the last week.

>> it is not compelling to me. that as firmly as with this report points out that says yes, there are certain parts of this that are true. but i think there is enough caveats here that you don't walk away and say wow it, they nailed this and they hit it out of the park. >> megyn: catherine herridge says they are a+ intelligence. but why? why are they so confident? >> they claim it's a+ intelligence in thven't seen tha that says they really have or they really haven't. they claim that. >> megyn: got it. pete hoekstra, thank you, sir. mo elleithee, founding executive director. longest title ever...