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 ...
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry ...
The bubble for container leasing rates, which have risen sharply in recent months, could be due to burst by the end of June. Rates for 40-foot-hight cube containers for lease in China increased by 45% ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
When international shipping backlogs and prices went sky-high early in the pandemic, industrial leasing and development did the same. Now, those same shipping measures have decreased sharply and it is ...
"In 40 years in toy retailing I have never known such challenging conditions from the point of view of pricing," the founder of a toy store said.
Ships risking Houthi attacks must pay high insurance premiums, while vessels avoiding the region lose time going around Africa. By Stanley Reed Reporting from London For about two months, a barrage of ...