Global container shipping capacity continues to outpace demand, pushing spot rates lower and clouding carriers’ outlook for ...
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
From a vantage point over the freight industry, it can be argued that international trade owes a lot of its growth to the humble intermodal shipping container. Pioneered and made mainstream in the ...
LONDON — A global shortage of shipping containers is driving a surge in import and export costs that is hitting businesses and threatens to dip into customers' pockets. A consumer shift away from ...
Exporters who rely on shipping containers to get billions of dollars of Australian goods to the Middle East have accused ...
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