Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
First, a trailer and a container both serve as cargo-carrying units but differ in design and usage. A trailer is typically a nonmotorized vehicle that attaches to a truck's cab and is used to ...
It might seem easy to buy a shipping container, but it's not just about how it looks. The container may look good from the outside, but there may be problems ...
If you’ve tried to purchase a back-ordered item or kept up with our retail and trade coverage, you already know about the global supply chain challenges and shipping traffic jams. As of Monday, there ...
Managing the price risk in container freight has become paramount as cargo owners look to hedge the cost of freight which can account for up to 20% of cargo value New freight futures contracts could ...
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...
A $1 billion private container terminal breaking ground at Sparrows Point is being cast by officials and supply chain experts ...
Disruption to supply chains triggered by the impacts of Covid-19 has ignited a worldwide shipping crisis, with prices of shipments skyrocketing due to a shortage of containers. Often headlined as the ...