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Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
CNBC· 6 days agoA Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China's Shandong...
Freight hikes force shippers to get creative
China Daily· 10 hours agoFollowing recent announcements by multiple global shipping companies about rising fees for container transportation, Chinese exporters have quickly adapted to these changes ...
Trade Strains Boost Ocean Shipping Cargo Rates | Transport Topics
Transport Topics· 1 day agoBoxes are stacked on a Cosco England containership at the Kwai Chung Container Terminal in Hong...
Marine insurer: Risks to maritime industry changing at unprecedented speed
FreightWaves via Yahoo Finance· 4 hours agoThe Red Sea conflict continues to endanger shippers that do not divert around the Cape of Good Hope....
For the first time in years, C.H. Robinson’s debt rating is downgraded by S&P Global
FreightWaves· 5 days agoS&P Global’s website on C.H. Robinson’s debt ratings show the 3PL first garnered a BBB+ rating in 2018. The S&P Global Ratings move on C.H. Robinson debt ...
Air Cargo Demand Sees Double-Digit Increase for Fifth Straight Month
Sourcing Journal via Yahoo Finance· 5 hours agoThe IATA is likely referring to the continued...Maersk estimated that the wider container shipping...
Amazon exiting cargo partnership with Atlas Air
FreightWaves via Yahoo Finance· 3 hours agoAtlas Air will lose revenue from operating 25 aircraft for Amazon after the retailer decided to move the planes to other operators. The post Amazon...
Some Shipping Container Costs Hit $10,000 | Transport Topics
Transport Topics· 8 hours agoMarseille, France-based CMA CGM SA, the world’s No. 3 carrier, already announced a $7,000 rate for a...
TheStreet Pro
TheStreet.com· 7 days agoWhile it hasn't gotten much mention with the Dow Jones Industrials Average 40,000 and the S&P 500 hitting fresh highs, but the Transportation index can't...
Kerry Logistics Network Ltd's Dividend Analysis
GuruFocus.com via Yahoo Finance· 5 days agoKerry Logistics Network Ltd (KRRYF) recently announced a dividend of $0.13 per share, payable on 2024-06-06, with the ex-dividend date set for...