global trade
Panama Canal’s Tentative 6-Year Reservoir Plan Costs $1.6 Billion
Panama's Supreme Court is allowing the waterway to expand outside its watershed, but the plan still needs…
Singapore Endures More Port Delays as 90% of Container Ships Arrive Late
Waiting times for incoming ships may have peaked, but delayed shipments at the port are still up 27 percent…
Ikea Could Move More Production to the Americas Amid Red Sea Disruptions
The Houthi attacks, along with ongoing global trade tensions, has the home retailer mulling a bigger presence…
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Amid Red Sea War-Risk Premium Surge, Rerouting Around Africa ‘Less Expensive by Comparison’
A Defense Intelligence Agency report says the combined costs of crew bonuses, war-risk insurance and Suez…
Panama Canal Mulls Building New Reservoir as Restrictions Further Ease Up
In July, the canal will again increase the current number of daily transits allowed through the waterway from…
Singapore Port Congestion Sparks 7-Day Delays Amid Red Sea Fallout
Singapore has needed to reopen shuttered berths and open new ones as it juggles 450,000 TEUs waiting to enter…
Panama Canal Eases Draft Restrictions Ahead of Schedule
The canal's authority loosened its restrictions nearly two weeks ahead of schedule due to current and…
Supply Chain and Nonpayment Top Concerns for Global Exporters
An Allianz Trade survey found global exporters are most concerned about supply chain reconfiguration…
Panama Canal Traffic Improving but Schedule Reliability Still ‘Disappointingly Low’
According to Xeneta's Peter Sand, three out of five ships traversing the canal still arrive late at the…
Ocean Carriers Establish Direct Asia-to-Mexico Trade Lanes
The moves from MSC, CMA CGM and OOCL come as container shipping imports from China into Mexico shot up 60…
DHL Revenues, Profits Dip on Soft Demand, but CEO Expects Improved Second Half
Low freight rates have weighed down DHL's freight forwarding division, but Red Sea disruptions have pushed up…
Attacks on Shipping ‘Unacceptable’, Industry Associations Tell UN
After the seizure of the MSC Aries, 16 trade groups called on U.N. members to facilitate the release of 24…
USTR Probes China Over ‘Unfair’ Shipbuilding Practices
Five unions allege China can upend global supply chains due to preferential treatment of its own ships and…
Panama Canal Will Allow 32 Vessels Per Day in June
The announcement is the biggest sign yet that conditions from last year's months-long drought are in the…
Iran’s Seizure of MSC Ship Could Bring Rise in ‘War-Risk’ Premiums
The seizure occurred near the Strait of Hormuz, spelling trouble at two separate trade chokepoints on both…