101 ships spread across 1,000 miles waiting for berth space at LA and Long Beach
The growing number of containers crossing the Pacific coast waiting for a docking space to open in Los Angeles and Long Beach is now over 100. Spread over 1,000 miles off the US coast, extending deep into Mexico, there are 101 ships docked or waiting for space at America's major gateways, according to the latest data from the Southern California Marine Exchange.
Increased sea freight rates threaten global economic recovery, says UN agency
The United Nations Conference on Trade and Development (UNCTAD) reported that import prices may increase by 11% internationally and consumer prices by 1.5% by 2023.
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Investment holding Quattuor announces acquisition of Rentalog Global Logistics
Operation will increase Quattuor Holding’s market share and services in the area of international logistics