Tag: War

War sends Asia-US ocean rates soaring 234% since February

Air Cargo Editorial Team -
Far East container shipping rates are gradually softening and expected to decline further in August, though they are falling...

Iran war escalation rankles plastic supply chains

Air Cargo Editorial Team -

Big jump in benchmark diesel price is 2nd largest since war began

Air Cargo Editorial Team -
The benchmark diesel price used as the basis for most fuel surcharges rose this week by the second-largest amount...

Cathay Pacific halts restart of Mideast cargo flights as war reignites

Air Cargo Editorial Team -
Cathay Pacific Airlines on Friday postponed the planned resumption of passenger and freighter flights to parts of the Middle...

WD-40 hit with 100% spike in some sourcing costs from Iran war

Air Cargo Editorial Team -

2026 air cargo rates could rise 15% due to Iran war impacts

Air Cargo Editorial Team -
Long-term contract rates businesses pay to move air freight are expected to rise 5% to 15% this year, instead...

Tariffs, Iran war prompt ocean shippers to scrap tradition

Air Cargo Editorial Team -

Container ship attacked in Strait of Hormuz as Iran widens war

Air Cargo Editorial Team -
Iran targeted a container ship in the Strait of Hormuz as it widened its war with the United States...

Second Maersk service to transit Red Sea as Middle East war resumes

Agriculture Editorial Team -
But as the US-Iran ceasefire collapses, ocean carriers are on alert for any hostile response from the Tehran-backed Houthi...

Airlines Face ‘Existential Threat’ From War, Deutsche Bank Says

Agriculture Editorial Team -
U.S. airlines face an “existential threat” from a surge in jet fuel that may drive their costs dramatically higher,...