Shipping costs to spike as Middle East conflict and supply cuts hit trade

The cost of shipping containers could spike dramatically heading into Christmas due to the flow-on effect of war in the ...
CNBC

Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis

With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis' attacks, cargo prices are soaring. Just when Covid ...