Businesses face huge spike in shipping costs as Hormuz fuel crisis deepens
Businesses around the world are confronting a painful – and potentially long-lasting – rise in costs amid the…
Asia growth forecasts slashed as Iran war and tariffs threaten supply chains
Asia-Pacific economies are likely to suffer a slowdown in growth this year, as rising costs linked to the…
Container Shipping Index Climbs for Second Week as Asia-Europe Rates Surge, Transpacific Slumps
The Drewry World Container Index rose 2% to $1,957 per 40-foot container this week, marking the second consecutive…