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...“They could drive up energy prices or freight costs,” she said. “That’s why we need to remain vigilant.” Additional reporting by Martin Arnold in Frankfurt...
...everyone was emerging from their Easter egg sugar coma, the Department for Environment, Food and Rural Affairs slipped out the news that consignments of EU plant and animal products will face charges of up...
...The Red Sea disruption follows the end of a boom during the Covid-19 pandemic, which sent freight rates soaring and generated huge windfalls for container groups....
...Global supply chains are being shortened and simplified, owing to the combination of pandemic-era snarl-ups and geopolitical fears. Onshoring is hard to do and will take time....
...Hapag-Lloyd’s share price was up nearly 5 per cent on Thursday morning, despite the gloomy outlook, after a decline of nearly a third in the past month....
...Freight rates from east Asia to the Mediterranean are up 290 per cent compared with early November, according to the Freightos Baltic index, with a similar growth in the Asia to north Europe route....
...Fledgling start-ups, such as knickers retailer Stripe & Stare, frequently crowdfund from users....
...Freight rates have already started falling back from their recent spikes, which peaked well short of the levels they reached during the Covid pandemic....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Petersen says: “The whole world is pretty much lined up wanting to have smooth sailing through this region.” Air and land freight can’t make up the difference....
...Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand....
...Warnings have piled up from carriers in the US and Europe of fewer of the shorter-haul aircraft than they had expected this year, an unwelcome surprise that is driving up labour costs and keeping older aircraft...
...up with demand....
...A shortage of car-moving ships has pushed up shipping prices to record levels and limited the flow of electric vehicle exports from China to Europe....
...German train drivers have begun a six-day strike over working hours, a move that has paralysed the country’s rail network and that business executives warn could cost the domestic economy up to €1bn....
...“This will ensure that freight reaches its destination, albeit with a slight delay.”...
...Amazon executive Dave Clark was the perfect candidate to run freight start-up Flexport....
...One senior shipping executive said the Red Sea crisis would push up freight rates, as long as demand for oil products remained at present levels....
...The diversions have pushed up door-to-door journey times between China and Northern Europe by seven to 10 days, to between 50 and 55 days....
...Global demand for products from these platforms is causing capacity shortages at airlines and freight forwarders, and raising airfreight costs....
...Freight rates are still far below the peaks of up to $14,000 reached during the pandemic....
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
...“They work longer hours . . . they are determined to actually speed up the process of bringing this new technology into reality,” he said....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...Those fees have gone up again. Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
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