This Week in Logistics News (January 13 – 19)
Logistics Viewpoints
JANUARY 19, 2024
In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery. Global trade declined by 1.3
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