Source link Major shippers have stopped using the vital maritime route due to the ongoing Houthi attacks The Houthi rebel attacks on vessels in the Red Sea have spurred burgeoning interest in alternative routes such as the China-Europe rail route that runs through Russia’s Far East, CNBC reported on this week. Companies that organize the […]
Source link Uncertainty over a key route linking Asia and Europe has been pushing shipping costs higher Global logistics companies have been hit with rising ocean and air freight prices and stranded cargo as a result of vessels being diverted from the Red Sea amid the risk of attacks from Houthi militants in Yemen. According […]
Source link The uncertainty over the key route linking Asia and Europe threatens global supply chains Shipping companies have redirected about $35 billion worth of cargo away from the Red Sea amid the risk of attacks from Houthi militants in Yemen, CNBC reported this week. According to the report, there are currently 57 container vessels […]
Source link More and more students question the return on investing in a degree, the broadcaster says Enrollment in colleges across the US continues to decline, CNBC has reported, citing data from the National Student Clearinghouse Research Center. The trend, which started during the Covid-19 pandemic when many opted to get a job or complete […]