Importers have received notice of another increase in shipping costs as a result of rising fuel prices, driven by conflict in ...

Shipping container costs have been driven up 15 per cent since Middle East hostilities began, and exporters fear more price rises. The average cost of a standard 40-foot (12.1m) shipping container has ...

Container rates have been escalating rapidly in recent months among the continued Red Sea disruptions, lengthier sailing distances and longer waits at ports. But the situation is getting so dicey that ...

Despite a prolonged freight recession driven by soft demand for container shipments and plunging carrier profits, the container shipping industry is bullish on prospects for 2024. Seventy-four percent ...