Transportation

As major shipping lines consistently bypass the Red Sea in order to mitigate potential risks, ocean freight rates have surged…

UNCTAD, the UN’s trade and development body, has voiced apprehensions regarding the increasing disruptions in global trade. It emphasizes that…

The global air cargo industry saw a 9% annual growth in demand in December 2023, with the global average air…

The ongoing wage dispute between the Maritime Union of Australia (MUA) and DP World has escalated this week, with the…

The U.S. Congress has approved a temporary spending bill to prevent a partial government shutdown, ensuring funding for federal agencies…

Starting January 16, 2024, the Panama Canal will increase its daily transits from the current 22 to 24. These adjustments…

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) is allocating $66.2 million, as part of President Biden’s Bipartisan Infrastructure…

Due to escalating tensions over the Red Sea and the added impact of drought affecting the Panama Canal, air cargo…

Recent reports indicate that half of the containership fleet transiting the Red Sea and Suez Canal is now opting for…

The latest data from Descartes showed a decline in US imports last month, though volumes were still above November monthly…