Container Shipping Prices Skyrocket as Rush to Move Goods Picks Up
Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for sea freight transportation capacity that shipp
As Capacity Slowly Increases, Air Freight Demands Returns to Normal
Even though capacity is making a slow increase, demand for airfreight has continued to show a strong recovery, growing 1% in June compared to the same month in 2019, according to
Warehouse Rents Surge on Bidding Wars for Scarce Space
In the U.S. warehouse rents surge as companies jockey for scarce distribution space to meet surging e-commerce demand. The competition is driving up industrial rents as retailers
Maritime Regulator Sets Carbon Measures Amid Dissent
The world’s top maritime regulator has agreed to a plan to cut the “carbon-intensity” of ocean-going vessels, overriding objections from Western countries that the accord doe
China Trade Bottleneck Worse than the Suez Canal Fiasco?
When the giant container ship the MV Ever Given wedged itself across the Suez Canal back in March it quickly captured the world’s imagination. In an instant, one of the globe’s
Ship Orders Surge as Carriers Rush to Add Capacity
Global shipyards that were retrenching and consolidating in a faltering maritime market barely more than a year ago are now flush with new orders, boosted by efforts by shipping li
COVID Has Helped Amazon Increase Rapidly in Australia
International retail behemoth, Amazon’s expansion into the Australian market is running ahead of schedule, COVID has helped Amazon with the company exceeding demand over the last
Ocean Shipping Times Surge in Supply-Chain Crunch
Ocean shipping times have been hevily delayed meaning the commercial cargo ships have been delivering their loads later than ever this year. Adding to the supply-chain woes that a
