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 ...
The culinary world thrives on innovation. Chefs must constantly look for the next flavor profile, the next fusion trend, or ...
Shipping containers, currently in the midst of a major shortage, have a lifespan of 10 to 15 years when used to transport freight across oceans. So what happens to these massive and durable structures ...
Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “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 ...
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 ...
An Old Town startup that makes high-tech shipping containers broke ground last week on a $3.9 million, 15,000-square-foot expansion that could create as many as 80 jobs. Global Secure Shipping said ...