#shipping-industry

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Createsend
20 hours ago
Business

Logistics Report: Shipping Recovery Stacking Up; China's Carmakers Look Past U.S. Market

U.S. inflation eased in April, retail sales flat, oil-demand forecast cut, Thyssenkrupp lowers outlook, Red Lobster bankruptcy expected, tanker sector in bull market. [ more ]
Createsend
1 day ago
Business

Logistics Report: Dali Probe Targets Earlier Outages; Biden's Tariffs Roil Supply Chains

The U.S. producer prices index rose 0.5% in April.
Alibaba's net profit fell by 86% despite increases in sales and logistics revenue.
Surging container freight rates are boosting shipping companies' shares. [ more ]
London Business News | Londonlovesbusiness.com
1 month ago
Data science

Shipping companies have 'evolved' to the 'escalation of hostilities in the Red Sea'

Shipping companies are strategically rerouting away from the Red Sea due to rising war insurance costs.
Less vessels are using the Red Sea, with rerouting decisions based on factors such as cost, risk perception, and recent shipping incidents. [ more ]
ABC7 San Francisco
1 month ago
East Bay food

Port of Oakland wants to make room for bigger ships: Here's a look at expansion plan

The Port of Oakland is proposing to widen two turning basins to accommodate larger ships.
Widening the turning basins will improve safety margins, reduce costs, and benefit the local economy. [ more ]
www.independent.co.uk
4 months ago
UK news

Red Sea ship attacks could push UK inflation up

The UK economy may see inflation rise by 0.2 to 0.5 percent due to commercial disruptions caused by the Houthis targeting vessels in the Red Sea.
The shipping industry forecasts a rise of up to 0.5 percent inflation, indicating that the UK will not escape the commercial fallout from the Houthi offensive. [ more ]
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