Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Tag: Freight (Cargo)
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Red Sea Attacks Menace Energy Tankers but Don’t Stop Them
Some oil tanker traffic continues to go through the Suez Canal, while plentiful global reserves keep crude prices steady.
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California Pushes Electric Trucks as the Future of Freight
A mainstay of cargo transport will be phased out at ports as California bans new registrations of carbon-fuel trucks in favor of nonpolluting ones.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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The ‘2024 Problem’: Japan Grapples With a Shortage of Truck Drivers
The country is moving to curb the industry’s punishing work hours. But that could leave a shortfall that disrupts Japan’s entire logistics system.