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freight rates
Could Rising Transportation Prices Signal the End of ‘Freight Recession’?
Transportation Prices grew 12.7 points into expansion territory, according to January survey data from the…
Maersk CEO: Red Sea Disruptions Could Linger ‘A Few Months, At Least’
At Davos, Vincent Clerc said he still expects longer vessel transit times, while DHL CEO Tobias Meyer warns…
FedEx CEO: ‘We Haven’t Seen Much’ Red Sea Impact
At the NRF Big Show, CEO Raj Subramaniam highlighted "very stable" air freight rates and unveiled the firm's…
Western Coalition Defeats ‘Largest Attack’ in Red Sea
Drewry's Philip Damas said "there is currently something of a panic" in China because it's hard to get…
Red Sea Risks Point Shippers to Air Freight
Companies might have to start flying just-in-time inventory "to keep sales orders happening and meet delivery…
Freight Rates Surge 61% as Next CEO Warns of 2.5 Week Delays Stemming from Red Sea Trouble
Rerouting in the region could lift freight rates through the Chinese New Year, according to experts.
CMA CGM Says Red Sea Ship Unharmed After Militants Claim Attack
"I do expect prices to be passed along to consumers, generally speaking," one economist said as more ships…
Outlook ’24: Container Shipping at ‘Bottom of the Classic Boom and Bust Cycle’
Seventy-four percent of supply chain professionals express optimism about the industry's growth in 2024…
A Look Back at a Turbulent Year in Logistics
The logistics sector endured layoffs, falling freight rates, Yellow's bankruptcy, canal congestion and…
Amazon Expects No Impact From Red Sea Rerouting, Ikea Warns of Product Shortages
As of Thursday, 129 vessels have been rerouted away from the Red Sea, with an additional 28 ships waiting the…
Panama Canal Backlog Sparks Rebound for West Coast Container Volume
West Coast ports saw 24.5 percent inbound container volume growth in November, while volume at East and Gulf…
All Eyes on the Suez Canal as Container Shipping Giants Halt Passage Through Red Sea
Rerouting vessels around Africa could add 10 days to a ship's route—and 15 percent to shipping costs—said S&P…
Maersk, Hapag-Lloyd Suspend Shipping Through Red Sea After Houthi Attacks
If attacks in the Bab el-Mandeb Strait escalate, freight rates for shippers moving product in the waterway…
Container Shipping Outlook: ‘It Was the Best of Times, It Was the Worst of Times’
Worldwide container volume during September increased 12.8 percent, the strongest year-over-year growth rate…
Burlington CEO Talks 5-Year Plan and $16 Billion in Sales
Burlington Stores CEO Michael O'Sullivan feels "very good about how we are set up for holiday."