MUMBAI, Dec 20 (Reuters) - Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early December ...
An average of 30 container ships a day have been stuck outside the Ports of Los Angeles and Long Beach just waiting to deliver their goods. The backlog is part of a global supply-chain mess spurred by ...
Spot prices for container freight on the major routes now average just over USD 1,000 per forty-foot container (FEU), ...
Remember the chaos we covered on upcoming magnesium shortages and our subsequent dive into why we are still experiencing chip shortages despite raging sales figures in the chip industry? Well, we’ve ...
Shipping prices are still very high, signaling inflation is far from cooling down. It usually takes 12 to 18 months for high container costs to reach consumer prices, The New York Times reported. That ...
Port congestion and container prices aren’t just weighing on the people trying to ship goods — it also means a lot of potential headaches for the people caught in the middle. Gretchen Blough is a ...
With U.S. policymakers increasingly paying attention to signs of inflation, one product is seeing significant price spikes: shipping containers. Yes, those 20- or 40-foot boxes that deliver the fridge ...
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