The Houthi attacks on commercial ships are driving up freight costs and adding delays to journeys, with some companies affected more than others.
Category: Freight (Cargo)
-
Shipping Costs Soar in Wake of Red Sea Attacks
Ships risking Houthi attacks must pay high insurance premiums, while vessels avoiding the region lose time going around Africa.
-
Atlas Air Cargo Plane Makes Emergency Landing in Miami After ‘Engine Malfunction’
The plane, operated by Atlas Air, took off from Miami International Airport on Thursday night and was forced to return about 50 minutes later.
-
Red Sea Attacks Leave Shipping Companies With Difficult Choices
Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
-
Red Sea Attacks Menace Energy Tankers but Don’t Stop Them
Some oil tanker traffic continues to go through the Suez Canal, while plentiful global reserves keep crude prices steady.
-
Fire Breaks Out Aboard Ship Carrying Lithium-Ion Batteries
The vessel, now off the Alaskan coast, is carrying nearly 2,000 tons of lithium-ion batteries, which contain highly flammable materials, officials said.
-
California Pushes Electric Trucks as the Future of Freight
A mainstay of cargo transport will be phased out at ports as California bans new registrations of carbon-fuel trucks in favor of nonpolluting ones.
-
Shipping Giant Maersk Is Returning to the Red Sea After Houthi Attacks
A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent of world trade.
-
The shipping giant Maersk is returning to the Red Sea.
A shipping advisory that Maersk released on Wednesday showed several of its vessels were headed for the Suez Canal, which handles about 12 percent of world trade.
-
Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
-
The ‘2024 Problem’: Japan Grapples With a Shortage of Truck Drivers
The country is moving to curb the industry’s punishing work hours. But that could leave a shortfall that disrupts Japan’s entire logistics system.
-
How the Suez Canal Attacks Could Upend Global Trade
Shipping rates have soared and energy prices remain volatile as vessels are redirected away from the vital commerce route.