International shipping costs have risen over the past 18 months for many types of products. The near-term outlook for rates is favorable for shippers, but longer-term trends not so much. Outside of ...
The Purchasing of international goods is made up of three components: Actual purchase from the foreign vendor Freight cost to deliver to UAB (air or sea freight) Customs Formalities costs (Import Duty ...
The Houthi attacks on commercial shipping in the Red Sea have forced many vessels to take the longer Cape of Good Hope route between East Asia and Europe. At the same time, low water levels in the ...
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers—but it could signal the beginning of the next era of confusion in global ...
For remote island nations like Tuvalu, shipping services provide a critical lifeline to international markets, food and healthcare. But their dependence comes at a cost they want shipowners to help ...