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Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells

A sudden container crunch is sending ocean freight rates soaring

NYC Based Shipper MTS Logistics Raises Over $100,000 for Autism Awareness with its 13th Annual Charity Bike Tour Event

MTS Logistics, NYC Shipping Leader, Gives Back By Raising Over $100,000 Through Its 13th Annual Bike Tour With MTS For Autism

New York-based shipping and logistics company MTS Logistics announced today that it has raised over $100,000 for autism awareness through its annual bike tour charity event. The 13th Annual Bike.

Latest Shanghai quarantines add more pressure to global supply chain | Hellenic Shipping News Worldwide

The mass quarantine measures imposed this past weekend in Shanghai, including highway closures, severely affected trucks carrying exports bound for the city’s port, according to logistics company Orient Star Group. “Trucks loaded with cargoes and containers were unable to enter the Shanghai terminal,” said the company, which also contributes to CNBC’s Supply Chain Heat Map. .

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