The difficulty global air freight has faced during the pandemic is another reason for caution. With much cargo transported in the hold of passenger jets, the reduction of flights caused a spike in the cost of air freight5, with rates between China and the US more than doubling to $7/kilogr...
Dry bulk carriers, like their counterparts in the container shipping business where freight rates have nearly quadrupled in recent months,2 have enjoyed a bountiful year. Driven by a post-pandemic economic recovery, which has fueled demand around the world for goods like iron ore and coal and ...
The simulations also raise the possibility that, if current trends in emissions of SO2 and black carbon continue, the drought frequency in South Asia may increase by double in the coming decades (Ramanathan et al., 2005). The way global negotiations are progressing it appears that financial ...
However, it ran into logistics challenges with freight forwarders and carriers that it had dealt with for years, prompting the company to seek out new yet trustworthy providers, and sometimes paying rates five times higher than before. This forced the company to seek out the best daily and week...
While we expect global economic growth to slow down this year, we see significant cross-currents emerging. How will divergent economic trends in the US and China impact the rest of the world?Cross-currents will continue to rock the economic boat...
including the closure of major ports in China2and backlogs in land transport, has seen unprecedented gains for container operators. By the second week of September, for instance, spot rates for containers as measured by the Shanghai Containerized Freight Index (SCFI) had risen 60% since the st...
caution. With much cargo transported in the hold of passenger jets, the reduction of flights caused a spike in the cost of air freight5, with rates between China and the US more than doubling to $7/kilogram during April and May. This then had a knock-on impact on shipping rates, too6...
caution. With much cargo transported in the hold of passenger jets, the reduction of flights caused a spike in the cost of air freight5, with rates between China and the US more than doubling to $7/kilogram during April and May. This then had a knock-on impact on shipping rates, too6...
caution. With much cargo transported in the hold of passenger jets, the reduction of flights caused a spike in the cost of air freight5, with rates between China and the US more than doubling to $7/kilogram during April and May. This then had a knock-on impact on shipping rates, too6...
Dry bulk carriers, like their counterparts in the container shipping business where freight rates have nearly quadrupled in recent months,2have enjoyed a bountiful year. Driven by a post-pandemic economic recovery, which has fueled demand around the world for goods like iron ore and coal and push...