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BBCNEWS World Business Report June 4, 2024 05:44:00

Shipping goods in a 12 metre container from asia to northern europe has more than doubled in price from above $4000. asia to mediterranean rates have climbed to well over $5,000. this is happening because shipping companies usually increase rates and add surcharges when there is delays. disruptions or periods of unusually high traffic and that s exactly what we have here, instead of making the usualjourney here, instead of making the usual journey through the here, instead of making the usualjourney through the suez canal which is used to ferry as much as the third of the global container cargo, more and more ships are now opting for taken that much longer route around southern africa and those extra costs, as well, ultimately being transferred to customers via these rate hikes. at least in the very short term, it doesn t look like the situation will improve, that s because this is happening at that time of the year, after the holidays when businesses scramble to reserve container sp ....

Asia To Northern Europe , Shipping Companies , Suez Canal , Container Cargo , Rate Hikes , Southern Africa , Doesn T , Container Space ,

RXO Stock: Still Worried About The Headwinds That RXO Is Facing (NYSE:RXO)

RXO Stock: Still Worried About The Headwinds That RXO Is Facing (NYSE:RXO)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Container Cargo , Truck Brokerage ,

1St Commercial Credit Hits $20 Million Milestone In Purchase Order Financing Transactions

1St Commercial Credit Hits $20 Million Milestone In Purchase Order Financing Transactions
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

United States , Raul Esqueda , Credit Purchase Order Finance Program , Commercial Credit , Purchase Order Funding , Container Cargo , In Transit Inventory Finance , Trade Payable , Inventory Financing , Payroll Funding , Purchase Order Financing , Underwriting Parameters , Merchant Cash Advance , United States Based , Purchase Order Finance Program ,

Tsakos Energy Navigation: Happy With The 8.8% Yield-To-Call On The Preferreds (NYSE:TNP)

Tsakos Energy Navigation: Happy With The 8.8% Yield-To-Call On The Preferreds (NYSE:TNP)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Oil Tankers Sailing Data , Tsakos Energy Navigation , Container Cargo , Oil Tankers Sailing , Balance Sheet ,

Reysaş Logistics: A Very Speculative Buy Opportunity (RYSKF)

Reysaş Logistics: A Very Speculative Buy Opportunity (RYSKF)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

World Bank , Container Cargo , Lojistik Ticaret , Does Reysa , English Investor Relations , Logistics Stock , Seeking Alpha , Are The Risks For Reysa , Are The Opportunities For Reysa , Istanbul Airport , East Asia ,