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 ...
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 ...
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 ...
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 ...
BGL has had the honor of managing the shipment of a beautiful and rare Ferrari F40 from Thailand to the USA.Transporting this race car for the road was done via air and ocean freight. Being handled by the BGL team meant that this precious vehicle was bein ...
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 ...
