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‘It’s All Happening Again.’ The Supply Chain Is Under Strain.
New York Times· 4 hours agoAs Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are...
Ocean Shipping Prices Are Pushing Toward Pandemic-Era Highs as Congestion Swells
The Wall Street Journal· 9 hours agoHouthi rebel attacks on commercial shipping in the Red Sea, which have effectively closed the Suez ...
Gateway - Jalopnik
Jalopnik· 6 days agoObviously, we’ve been covering the living hell out of Ever Given’s obstruction of the Suez Canal for the last few weeks. Ships traverse the canal with the ...
Red Sea gives shipping an Uber-style price surge
Reuters· 11 hours agoAnyone who has tried to secure an Uber at a busy time of day will have experienced the ride-hailing app’s least appealing feature: surge pricing. In the...
Amid Red Sea War-Risk Premium Surge, Rerouting Around Africa ‘Less Expensive by Comparison’
Sourcing Journal via Yahoo News· 6 days agoRobinson and Kuehne+Nagel. The Suez Canal itself has endured a major financial blow due to the...
US aircraft carrier captain playfully counters Houthi's false online claims of hitting his ship
RockinghamNow.com, Eden and Reidssville· 5 days agoThe USS Dwight D. Eisenhower may be one of the oldest aircraft carriers in the U.S. Navy, but it's...
Gateway - Quartz
Quartz· 7 days agoReacting to that growing threat—including an attack on one of its ships—the world’s largest container line, Mediterranean Shipping Co. (MSC) decided to stop all voyages through the ...
Salvage firm confirms sinking of Greek-owned Tutor struck by Houthis
Reuters via Yahoo News· 5 days agoThe UKMTO said on Tuesday that the vessel was believed to have become the second ship sunk by the...
Overseas shipping problems remain largely under consumers’ radar
FreightWaves via Yahoo Finance· 3 days agoWhile logistics problems from the Red Sea have become white noise, it is important not to forget...
Did FedEx Corporation (FDX) Maintain a Strong Financial Position in Q1?
Insider Monkey via Yahoo Finance· 5 days agoWe recently compiled a list of the 11 Best Freight Stocks To Buy Now. In this article, we are going...