Meltdown in the Container Shipping Market Continues

November 8, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

Logistics News

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

ZIM CEO Eli Glickman Announces Departure

ZIM CEO Eli Glickman Announces Departure

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Urals oil price rises in Russian ports due to strong demand and lower freight
Source: Iran proposes allowing ships to leave Oman side of Hormuz without being attacked
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.