Are Retailers Paying Too Much in Ocean Fuel Surcharges? New Analysis Suggests They Could Be.
A large U.S. retailer moving roughly 4,000 twenty-foot equivalent units (TEUs) from Asia identified more…
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Maersk, Hapag-Lloyd Resume Red Sea Service Despite Fresh Security Concerns
Maersk and Hapag-Lloyd have brought an Asia-to-Mediterranean Sea shipping service back to the Red Sea…
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US, Iran Leave Qatar Talks With Hormuz Future Still Unclear
The Strait of Hormuz remains a centerpiece to ongoing negotiations between the U.S. and Iran…
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Freight Rates Spike Double Digits as China Scrutinizes Ocean Carrier Surcharges
Ocean spot freight rates increased by double digits this week as ocean carriers tack on…
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Trump Threatens to Blockade Strait of Hormuz After Failed Iran Peace Talks
Over 20 hours of contentious negotiations between American and Iranian officials in Islamabad over the…
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Amazon Imposes Fuel Surcharge on Sellers as War-Driven Costs Mount
Amazon sellers that use some of the e-commerce giant’s fulfillment services will now have to…