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Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
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How Houthi rebel attacks in the Red Sea are disrupting global shipping routes - MSNSince 2024 the disruption has impacted global supply chains, pushing up shipping costs and delivery times. It is the biggest disturbance to international trade since the COVID-19 pandemic.
Daniel K. Ludwig, 60, owner of the world's second biggest privately owned shipping fleet, is so publicity-shy that almost nobody knows what he is up to. But last week word came out of his ...
Two of the world’s biggest shipping companies have a new plan to reduce cargo delivery delays. The answer, they say, is to use bigger ships and cut the number of port calls each ship makes.
Trade faces uncertainty amid Iran-Israel conflict as potential Strait of Hormuz blockade looms. Most shipments to the US and ...
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.
The largest container shipping lines with the biggest vessels have stayed away from the Red Sea, with the exception of CMA CGM, a French company, but even its presence has been light. The company ...
Traders have an eye on shipping, often seen as a key energy bellwether. About a fifth of the world's total oil consumption passes through the Hormuz Strait between Oman and Iran. Disruption here could ...
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