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 ...
When the Ever Given became stuck in the Suez Canal in 2021, the BBC reported, it prevented approximately 12% of the world's trade from passing through. The Ever Given itself had a capacity for 20,000 ...
Container ship traffic in the Red Sea — a vital artery of international trade — has declined to its lowest level in months amid a string of Houthi attacks on vessels, according to new data. An average ...
U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday. Demand for kitchen appliances, ...
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