Hanjin Shipping, the world’s seventh largest container carrier, filed for bankruptcy two weeks ago, stranding thousands of shipping containers at sea and creating a shortage in the U.S., reported ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Connecticut News for free, 24/7, wherever you are.
The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. If there is a slowdown in shipping-container ...
One of the world's most vital trade arteries has been blocked by a quarter-mile-long container ship, creating a traffic jam that has ensnared over 200 vessels and could take weeks to clear. One of the ...
The makers of some of the most popular toys in the United States sounded the alarm this past week about the global shipping crisis and labor shortages limiting their ability to keep stores stocked ...
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 ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
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