In a recent announcement, A.P. Moller-Maersk A/S cautioned that severe weather conditions and a storm surge battering the South African coast are likely to cause significant shipping delays.The South African Weather Service reports that an intense cold fr ...
World Container Shipping Rates Keep Rising
Inflation may be easing across the developed world, but there's one glaring exception: the soaring costs of cargo shipping on the high seas.Spot rates for full-size shipping containers to the U.S. and Europe from Asia have risen again, according to the la ...
Air Cargo’s Early Peak Season: What It Means for the Industry
Surging Demand and Rising RatesDemand and rates for airfreight transportation are soaring through the typically quiet summer season. This unexpected surge is driven by the relentless growth of e-commerce from China and shippers pulling forward orders for ...
Traffic Resumes Through Port of Baltimore
Commercial shipping traffic through the Port of Baltimore is set to return to normal levels, following the channel's full reopening earlier this week after the collapse of the Francis Scott Key Bridge.“They are back open for business, ready to bring in th ...
Ships Diverted From Red Sea Send Ripple Effects Across the Globe
Never has it been so cheap to inflict a world of economic pain.This stark reality was highlighted last week by Maximilian Hess, a principal at London-based Enmetena Advisory, a political risk consultancy. During a webinar for supply chain managers, Hess s ...
Land Bridge Project Captivates Over 100 Companies: Transport Ministry Update
Unprecedented Interest in Thailand’s Landmark Infrastructure ProjectThailand’s ambitious land bridge project, set to create a vital link between the Pacific and Indian oceans in the southern region of the country, has garnered significant interest from ov ...