LONDON : The Drewry World Container Index (WCI) composite index increased by 2.68 per cent to $3,905 per 40-foot equivalent unit (FEU) on January 5, 2025, up from $3,803 per FEU. Shipping freight charges
LOS ANGELES : Record imports over the last several months at West Coast ports, driven by the recent US East Coast and Gulf Coast strike diversions and ongoing Red Sea issues, are leading to
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as possible, and
SYDNEY : Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see a global shortage of shipping capacity