Shippers

Air freight rates to rise as shippers enter survival mode

by

DHL Cargo planes are unloaded at Halle-Leipzig Airport on February 28, 2014 in Leipzig, Germany. The soon to-be-expanded hub handles 2,000 tons of cargo, or 100,000 parcels and documents every business day. Up to 60 cargo planes land every weeknight. Marco Prosch | Getty Images The Houthi attacks in the Red Sea are not only … Read more

Shippers warned to steer clear of Iranian waters over seizure risk as US-Iran tensions excessive

by

DUBAI, United Arab Emirates — Western-backed maritime forces within the Center East on Saturday warned shippers touring by the strategic Strait of Hormuz to remain as distant from Iranian territorial waters as potential to keep away from being seized, a stark advisory amid heightened tensions between Iran and the U.S. The same warning went out … Read more