Transportation

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Apr 22, 2024
Middle East tensions impact on airfreight

The increasing tension in the Middle East may result in significant congestion and price increases in airfreight between Asia and…

Apr 19, 2024
Iran seized goods worth over $90 million

On April 13th, Iran seized the MSC Aries over its ties to Israel. According to Vizion’s Tradeview data, the ship…

Apr 19, 2024
U.S. Imports show resilience

U.S. container import volumes in March saw a marginal growth of 0.4% compared to February. TEU volumes surged by 15.7%…

Apr 16, 2024
General Average Declared on Dali

The Unified Command in Baltimore continues efforts to remove containers from the M/V Dali and clear wreckage at the Key…

Apr 9, 2024
Dry winter poses risks to Mississippi River shipping

The shipping industry along the Mississippi River may encounter potential challenges in 2024 due to an unusually warm and dry…

Apr 8, 2024
U.S. imports see 21% increase in February

Recent data shows that containerized freight imports to the U.S. have experienced six consecutive months of annual growth. In February,…

Apr 3, 2024
Shippers face price hike as German rail subsidy is cut

Due to decreased state subsidies for rail paths used by freight trains in Germany, Maersk is implementing a €9 per…

Apr 2, 2024
Finland’s Unions extend strike into fourth week

Finland’s labor unions are extending their strike for a fourth consecutive period, now slated to continue until April 8, pending…

Apr 2, 2024
The U.S. Senate passes $1.2 trillion funding package

The Senate passed a $1.2 trillion spending bill, averting a government shutdown. The bill, which funds various government agencies, was…

Apr 1, 2024
Updates regarding Francis Scott Key Bridge Collapse

On the early morning of March 26, 2024, a collision occurred between the Singapore-flagged MV Dali container ship and Maryland’s…