Yantian China

Shippers should brace for “skyrocketing haulage costs,” HLS Holding warns.

COVID lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.

An agreement reportedly has been reached that will allow the Ever Given to finally resume the voyage halted when the container ship became wedged between the Suez Canal banks in March.

Vessels are backed up on both ends of the Suez Canal as tugs work to free the ultra large container ship Ever Given.

Surviving cargo that was bound for the U.S. now is headed back to Asia.