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CONTAINER SHIPPING RATES SPIKE AS RED SEA CRISIS DRAWS FIRST BLOOD  For cargo importers, the outlook is now clear: higher freight costs and longer delays. For liner profits, sentiment is  increasingly bullish — but there are uncertainties. Spot rates and surcharges are rising fast, but liner costs are also  increasing due to much higher fuel …

Container shipping outlook 2024: Rising risk of delays, disruptions  The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for  2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under …

CONTAINER SHIPPING OUTLOOK 2024: RISING RISK OF DELAYS, DISRUPTIONS  The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for  2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under …

ONE READIES INDIA-US EAST COAST SERVICE AS PART OF 2024 NETWORK ROLLOUT Ocean Network Express (ONE) has unveiled plans for its first standalone container service from India to the US East Coast, aimed at capitalizing on India’s fast-growing export market. ONE said in a statement on Monday that the West India North America (WIN) service …

PORT HOUSTON RECORDS NEW LOADED EXPORTS RECORD  Port Houston celebrated a major milestone in October, reporting the highest volume of loaded exports in its history. Compared to the same period last year, loaded exports increased by an impressive 6%. Year-to-date export figures also show a significant growth of 10%, with a total of 1,151,638 twenty-foot …

SOUTH CAROLINA PORTS REPORT STRONG OCTOBER PERFORMANCE  South Carolina Ports (SC Ports) announced impressive performance for the month of October, with container volumes showing signs of recovery and even reaching new record highs. Despite a 9% year-over-year decrease in container volumes, mainly driven by a decline in empty volumes, which fell 27% yoy, loaded import and …