Ocean Container Rates hit $10,000 as Inflation Soars Amidst the Red Sea Crisis

With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis’ attacks, cargo prices are soaring. 

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Logistics: Retailers Adapt to Changing Consumer Demands

Retailers believe they've finally got inventories in the right place after several years of pandemic-driven volatility sent stockpiles and profit margins on a roller-coaster.
 
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