The U.S. opens new Section 301 investigations into China, the EU, and 14 other partners, while Middle East escalation disrupts ocean and air freight.
The U.S. opens new Section 301 investigations into China, the EU, and 14 other partners, while Middle East escalation disrupts ocean and air freight.
The Court of International Trade orders universal IEEPA duty refunds while Middle East escalation disrupts air and ocean freight operations.
Vessels resumed Cape of Good Hope transits after extreme weather while strong Transpacific volumes met structural blank sailings and Asia-US port congestion.
Red Sea reroutings via the Cape of Good Hope strain schedules as strong demand and another GRI push Asia-Europe ocean rates up, per the May 16, 2024 update.
Red Sea reroutes send Asia-Europe vessels around the Cape of Good Hope, cutting early-May capacity by up to 13% as carriers implement GRIs, April 18, 2024.
The Red Sea crisis keeps Asia-Europe vessels rerouting via the Cape of Good Hope, cutting capacity 10-13% and tightening space as carriers push GRIs.
Asia-Europe carriers keep rerouting via the Cape of Good Hope after another Red Sea tanker attack, as Ocean Alliance restructures all Asia-to-North Europe loops.
Dubai-Europe air cargo tonnage surged 205% year-on-year as Red Sea disruptions pushed Asia-Europe sea-air demand through hubs like Dubai and Bangkok.