Infact,thebiggestcauseofcongestionatportsisthesupportingservicesatterminalsandyards.Portcompanieshavebeenstrugglingtogetinandoutofcontainersasquicklyaspossible,aMore +
Withtherecentinternationaloilpricesskyrocketingconsecutive,theinfluenceofthecurrentU.S.crudeoilhasrisento$80abarrel,setahighestlevelofnearly7yearsandBrentcruderoMore +
Sincethepandemic,oceanfreighthasbeenskyrocketing,inmid-Septemberatthepeakofhighprices,someshippingcompanies,announcedthattheywouldstopallspotfreightpriceincreases!More +
Duetothegeneralshortageof20-footdrycontainersand40ftdrycontainersinChina,Vietnam,CambodiaandIndonesia,someshippingcompaniesarepreparingtoinvestintheconstructionofMore +