Shipping

Due to ongoing disruptions due to issues such as the Suez Canal and geopolitical tensions, shipping liners are imposing surcharges and higher freight rates, which are having a disproportionately large cost impact on small volume shippers. Since major operators began rerouting via Africa's Cape of Good...

With a swirling vortex of compounding factors from the Suez and Panama Canal and peak-season surcharges, to the Houthi of the Red Sea through to the general rate increases, there is no doubt that businesses across the globe are being hit with a whirlwind of...

Recent attacks by Yemen-based Houthi forces on commercial ships in the region, followed by retaliatory strikes by U.S. and British warplanes, ships and submarines on Houthi bases, have raised concerns about widening conflicts in the region. As a result, shipping lines are diverting  a growing number...

US imports from Asia increased for the fifth consecutive month in July, reaching 1.46 million TEUs  - the highest since September 2022. This increase reflects the increased probability that eastbound trans-Pacific trade will return to year-over-year import growth this upcoming peak season. Although total July imports from...

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