Stream NBC 5 for free, 24/7, wherever you are. The current spike in use of air freight is primarily in cargo volumes bound for Europe, as more companies avoid the longer Red Sea diversions around ...

SINGAPORE (Reuters) -Asia-U.S. sea freight rates are set to drop further in 2025 as shipping capacity outpaces demand and trade routes shift due to tariffs and geopolitical tensions, though vessel ...

Freight forwarders are reporting high demand for goods to be sent via rail from China through Russia to Europe in light of the disruption caused to ocean routes caused by Houthi attacks on the Red Sea ...

Dubai and Oman have launched a new green corridor for sea-air cargo. This initiative promises faster and more efficient trade ...

UNICEF Supply Division is piloting the delivery of vaccines by sea — a greener, more cost-effective alternative to air freight. UNICEF team members celebrate the arrival of vaccines for routine ...

Houthi footage appeared to show sea drones attacking a cargo ship. A Greek-owned coal carrier attacked by the militant group sank, a UK maritime agency said. A British-owned vessel sank earlier this ...

Analysts and shipping executives say they expect costs to fall later this year as companies receive vessels they ordered two to three years ago. By Peter Eavis After the Houthi militia started ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. PORTAGE, Ind. — Officials with the U.S.

Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...