Source link Disruptions in the Red Sea have reportedly caused container prices to double in just a month The average cost of a container has more than doubled globally in the past month, according to an article in the Wall Street Journal published on Sunday. The disruptions caused by the continued Houthi attacks on cargo […]
Tag: ocean
Ocean freight rates skyrocket – CNBC — RT Business News
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 […]