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☆ Imports from China to the US are rising at the highest rate since last fall
▼ + stars: | 2024-04-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Imports coming to the U.S. from China are experiencing a notable increase, according to new trade and logistics data. The first half of 2024 is expected to total 11.7 million TEUs (twenty-foot equivalent units), an increase of 11% from the same period last year. In 2023, imports were down from 2022 by almost 13%, totaling 22.3 million TEUs. By comparison, New York/New Jersey processed 7.81 million TEUs, Georgia 5.4 million TEUs, Virginia at 3.3 million TEUs, Charleston 2.5 million TEUs, Jacksonville 1.3 million TEUs, and Miami 1.25 million TEUs. The other reason for the recent container push is fears of a labor strike at East Coast and Gulf ports.

Persons: John Gold, Francis Scott Key, Jason Hilsenbeck, Drayage.com, Paul Brashier, Brashier Organizations: Future Publishing, Getty, Global, National Retail Federation, Hackett Associates, Francis Scott Key Bridge, Miami, ITS Logistics, CNBC, Baltimore, West Coast, U.S ., Port / Railroad, Longshoremen's Association, United States Maritime Alliance Locations: Taicang, Jiangsu province, China, U.S, Panama, Port of Baltimore, East Coast, New York, New Jersey, Georgia, Virginia, Charleston, Jacksonville, Port of Virginia, Norfolk, Baltimore, NY, NJ, Norfolk and New York, West, West Coast North, U.S . East Coast, West Coast, Los Angeles, Long Beach, Long, Gulf, East

☆ CEO sold her house, liquidated 401(k) to start a beauty tech company—then she got a 6-figure ‘Shark Tank’ offer
▼ + stars: | 2024-04-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Seven years ago, Dawn Myers saw Lori Greiner invest in a woman-owned hair company on ABC's "Shark Tank." She felt inspired, and started her own hair company catering to curls and coils. Today, Myers is the founder and CEO of Washington D.C.-based The Most, a parent company for brands Richualist and The Most Curls. Myers, a lawyer by training, said her lack of beauty, tech and engineering experience made it hard to attract investors. She ultimately raised $1.1 million in venture capital while undergoing surgeries and chemotherapy treatments, a Richualist spokesperson tells CNBC Make It.

Persons: Dawn Myers, Lori Greiner, Myers Organizations: Washington D.C, The, CNBC

☆ Need to see a change in fair market value or pullback before being more bullish: RBC's Calvasina
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeed to see a change in fair market value or pullback before being more bullish: RBC's CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategist, joins 'Squawk on the Street' to discuss the strategist's stance toward equity markets, what it would take to get Calvasina more bullish, and much more.

Persons: RBC's, Lori Calvasina Organizations: RBC Capital Markets

☆ Dali container removal will take weeks, a key to Port of Baltimore reopening
▼ + stars: | 2024-04-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

A Key Bridge Response 2024 Unified Command image of response crews remove shipping containers using a floating crane barge after the cargo ship Dali struck and collapsed the Francis Scott Key Bridge, on April 7, 2024 in Baltimore, Maryland. CSX was the first rail to start a rail service for diverted containers resulting from the accident and closure of the Port of Baltimore. Once the Dali is refloated and no longer listing, tugs will move the vessel to the CSX terminal at the Port of Baltimore. "Once you see plans of moving the Dali away from the port, that's when you know the channel is ready to be open," Roth said. The size of vessels the Coast Guard is allowing is 96 feet in length, compared to the 984-foot-long Dali, the vessel that struck the Francis Scott Key Bridge after losing navigational control and destroyed the key piece of infrastructure.

Persons: Dali, Francis Scott Key, JIC, Aaron Roth, Roth Organizations: Bethlehem Steel, Unified Command, Synergy Marine, U.S . Coast Guard, U.S . Army Corps of Engineers, Maryland Department of, Environment, Maryland Transportation Authority, Maryland State Police, Center, CNBC, Port, CSX, Coast Guard, Chertoff Group, Guard, Francis Scott Key Bridge, Department of Defense, Dover Air Force Base Locations: Baltimore , Maryland, Baltimore Harbor, Baltimore, Port of Baltimore

☆ I bought two homes with interest rates below 3.5%. It's hard work to get this kind of mortgage, but it was worth it.
▼ + stars: | 2024-04-07 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

(She's selling one of them, also with an assumable mortgage.) An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and other conditions of a seller's existing loan. In 2020, my husband and I bought a home in Beaverton for $650,000 with a 2.5% mortgage interest rate. We purchased another home with an assumable mortgage when rates were higherWe bought another home with an assumable mortgage in 2023. Getting an assumable mortgage isn't easyAssumable mortgages can be super hard to find.

Persons: —, Lori Coryell, I've, it's, Banks, It's, We've Organizations: Service, US Air Force, Business, USAF, Veterans Affairs, Gresham Locations: Oregon, Beaverton, Our Beaverton, Gresham, Portland, Gresham , Oregon

☆ CSX completes first diverted cargo shipments on new rail line for Port of Baltimore
▼ + stars: | 2024-04-04 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Just days after CSX announced a new rail line in response to the Port of Baltimore closure, the Baltimore-bound containers that were diverted to the Port of New York and New Jersey are back being unloaded in Baltimore. CSX started discussions last week with Ports America to see how it could effectively move the diverted cargo. The train route moving the diverted cargo includes Chicago; Kearney, New Jersey; and Baltimore. Norfolk is in discussions with Ports America to extend this service directly on-dock at their Seagirt Intermodal Container Transfer Facility. As the Port of Baltimore crisis unfolded, many major ocean carriers invoked contract clauses transferring responsibility for transportation of cargo from diverted ports to shipping clients.

Persons: Mark Schmidt, Schmidt, Scott Cowan Organizations: CSX, Port, Ports, Canada, Plan Investment Board, Ports America, Norfolk Southern, Elizabeth Marine, Norfolk Southern's Triple Crown Services, International Longshoremen's Association, Baltimore Locations: Baltimore, of New York, New Jersey, Ports America, North, Chicago, Kearney , New Jersey, Norfolk, New York, Wilmington, Newark, Elizabeth , New Jersey, Port of New York, North America, Port of Baltimore, East Coast, Gulf, U.S, , Puerto Rico, Eastern Canada

☆ The Fed needs to be patient with rate cuts, says RBC's Lori Calvasina
▼ + stars: | 2024-04-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed needs to be patient with rate cuts, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell' to discuss the Fed's next moves, market reaction, and sector winners and laggards.

Persons: RBC's Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets

☆ Baltimore bridge collapse reveals a gap in federal government port protection powers
▼ + stars: | 2024-04-02 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, US, on Saturday, March 30, 2024. As the Dali container ship neared the Francis Scott Key Bridge after losing power and with no ability to navigate, there were no tug boats to guide it. It is unclear if the tugs remained with the Dali, a collision could have been averted. But maritime experts say that new tugboat regulation would be a reasonable response for the government to consider. The next day, the Coast Guard referred CNBC to the Joint Information Center (JIC) for the Key Bridge Casualty 2024 incident in Baltimore.

Persons: Dali, Francis Scott Key Organizations: Maersk, Port, Francis Scott Key Bridge, CNBC, Infrastructure Security Agency, Department of Homeland Security, Department of Transportation, U.S . Coast Guard, Coast Guard, Joint Information Center, U.S . Immigration, Customs, . Customs, Border Patrol Locations: Maersk Atlanta, Newark, Newark , New Jersey, US, Port of Baltimore, Baltimore

☆ Railroad CSX adding new freight route on Tuesday to avoid Port of Baltimore after bridge collapse
▼ + stars: | 2024-04-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Baltimore-bound rail freight which was diverted to the Port of New York and New Jersey will use this new CSX service, the freight railroad tells CNBC. Freight destined for the Port of Baltimore as exports will also use this new service to get to the Port of New York. The amount of freight being moved on the new line is not being disclosed for now, a CSX spokeswoman said. The railroad explained in an email to CNBC that strategic partnerships with steamship lines allow it to transport freight between New York and Baltimore, using its established international sales network. "While the timeline for resuming freight operations at the Port of Baltimore remains uncertain, we are in constant communication with our customers, providing timely updates on the status of their shipments.

Persons: Francis Scott Key, Dali, Aaron Roth Organizations: CSX, CNBC, Freight, Port, MSC, Baltimore, Coast Guard, Chertoff Group Locations: Baltimore, New York, Port of Baltimore, of New York, New Jersey

☆ How the Coast Guard is carefully letting ships back into Baltimore port for bridge cleanup
▼ + stars: | 2024-04-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Debris is cleared from the collapsed Francis Scott Key Bridge as efforts begin to reopen the Port of Baltimore on March 31, 2024, in Baltimore, Maryland. Tasos Katopodis | Getty Images News | Getty ImagesCoast Guard officials tell CNBC the secondary channel that is being created in the southwest channel of the Port of Baltimore will only welcome commercial vessels that are cleared by the Coast Guard in the removal of debris. "The vessels will be decided on a case-by-case basis," said Carmen Caver, Coast Guard spokesperson. The draft for the select commercial work vessels that will be permitted by the Coast Guard to help in the removal of Key Bridge debris is 10 feet. Based on a review of AIS data from MarineTraffic, there have been almost 1,000 containership arrivals at Baltimore port since January 2022, with an average TEU (container capacity) of 7,039, according to Nikos Pothitakis, Kpler spokesman.

Persons: Francis Scott Key, Tasos Katopodis, Carmen Caver, Dali, Nikos Pothitakis, Aaron Roth, Roth Organizations: Getty, Coast Guard, CNBC, Francis Scott Key Bridge, Maersk, Dali, Chertoff Group Locations: Port of Baltimore, Baltimore , Maryland, Port, Baltimore, MarineTraffic, East, Dali

☆ Dazzling selection of the world’s biggest, finest and most unusual gems unite in a single exhibition
▼ + stars: | 2024-03-30 | by ( Julia Carmel | ) edition.cnn.com time to read: +8 min

“It’s really personal.”It’s easy to understand why: As the curator of mineral sciences for the Natural History Museum of Los Angeles, Celestian oversees the Gem & Mineral Hall. The 125-carat "Jonker I" diamond, one of the most storied gems of its kind in history. “The story goes: It was raining one day… and then because all the rain just washed away the sediment, they found a 726-carat rough diamond,” Celestian said. Courtesy the Natural History Museums of Los Angeles CountyA view inside the Hixon Gem Vault, featuring highlights from the "100 Carats" exhibition. Though nothing else is quite as rare, the other gems in this exhibition are unique, vividly colored, and mostly unseen.

Persons: CNN — Aaron Celestian isn’t, ”, they’re, It’s, Celestian, Robert Procop, Sir Ernest Oppenheimer, Harry Winston, Winston, Lazare Kaplan —, King Farouk of, ” Celestian, Shirley Temple, hasn’t, Procop, Angelina Jolie, “, ” Procop, Lori Bettison, Varga, — Organizations: CNN, of Los, Gem, Mineral, American Museum of, “ Locations: of Los Angeles, Los Angeles, South Africa, New York City, King Farouk of Egypt, Egypt, ”, Los Angeles County, New York, Tanzania, Myanmar, Colombia

☆ 'It saves time, it saves money, it saves stress': 3 decluttering tips from professional organizers
▼ + stars: | 2024-03-30 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

After all, how many times have you lost a bill in pile of papers that built up on your desk? "When people declutter and create some order in the home, it saves time, it saves money, it saves stress," says Lori Reese, a professional organizer and owner of Consider It Done in Harrisburg, Pennsylvania. Here are three tips from organizing pros to help you tackle your spring decluttering project. "The trick is to add that action to a habit, so that you're going to stick to that routine," she says. "Then the rule is when that bag or bin gets full, you just drive it to your favorite charitable organization."

Persons: Lori Reese, Mindy Godding, Godding, Gayle Goddard, Reese, Goddard Organizations: CPO Locations: Harrisburg , Pennsylvania, Richmond , Virginia, Houston , Texas

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Maersk is evolving to become a logistics powerhouseEach year about 90% of world trade is transported by ship. In addition to its fleet of 672 vessels, Maersk the world's second largest container shipping company and runs one of the globe's largest port terminal businesses with 64 terminals. To offset some of its risks the company is beefing up its end-to-end logistics business, investing in last mile delivery and air freight.

Organizations: Maersk

☆ Baltimore port crisis: World's largest container ship company, MSC, dumps diverted cargo problem on US companies
▼ + stars: | 2024-03-28 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

MSC, the largest ocean carrier in the world, has joined the list of ocean carriers terminating the delivery of diverted containers outside of the port for shipping clients as a result of the container ship accident near the Port of Baltimore that led to the tragic bridge collapse. With the Baltimore port indefinitely closed, the decision places the onus of cargo pick up at a diverted port and transport to its final destination on the shipper. MSC added that "passage to and from Baltimore is at this time impossible and will not be reestablished for several weeks if not months." Maersk is the only major carrier to say it will provide transport from diverted ports for customers. Maersk was the charter of the Dali, 10,000-container capacity containership that lost control and crashed into the Francis Scott Key Bridge in the early hours of Tuesday.

Persons: Francis Scott Key Organizations: CNBC, MSC, Port, CMA, Evergreen, Maersk Locations: Port of Baltimore, Baltimore, Dali

☆ RBC raises S&P 500 forecast to 5,300, sees even more upside possible
▼ + stars: | 2024-03-28 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The S & P 500 has more room for upside in 2024, according to RBC Capital Markets head of U.S. equity strategy Lori Calvasina. The upgrade comes as the S & P 500 wraps up a monster start to the year. The strategist also expanded her 2024 earnings forecast to $237 from $234, which underpins her overall higher outlook for the S & P 500. Calvasina also laid out her bull case, which has the S & P 500 soaring to 5,400, nearly 3% above Wednesday's close. The current signal is little changed from her January S & P 500 forecast, where she also said U.S. equities appeared to be overbought.

Persons: Lori Calvasina, Calvasina Organizations: RBC Capital Markets, CNBC's Market, Survey

☆ Baltimore port bridge collapse: Global ocean carriers declare 'force majeure,' leaving U.S. companies on hook for urgent cargo pickup
▼ + stars: | 2024-03-27 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

"The impact of the Baltimore port stoppage on construction and contractor supply chains may be significant," said William George, director of research for ImportGenius. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. COSCO announced Wednesday morning that its services would "be concluded" once the diverted container arrives at the alternate port. Out of the diverted ports, New York/New Jersey and Savannah, are included. One of the biggest concerns among logistics companies is availability of chassis for both truck and rail to handle the diverted cargo.

Persons: Dali, Francis Scott Key, William George, ImportGenius, Maersk, COSCO, majeure, CGM, Paul Brashier, Brashier, Matt Castle, Robinson, Val Noel, Mike Wilson, Noel, Alan Baer, Baer, Stephen Edwards, Edwards Organizations: Francis Scott Key Bridge, Logistics, CNBC, Baltimore, Evergreen, CMA, ITS Logistics, U.S Department of Transportation, Home Depot, Nike, Walmart, Union Pacific, BNSF, Robinson, DHL, FedEx, Port, DOT's, Rail, TRAC, Freight, Consolidated Chassis Management, USA, Norfolk . Our Midwest Locations: Baltimore , Maryland, Baltimore, The Port, U.S, Port of Baltimore, Target, East, , New York, New Jersey, Savannah, Chicago, Brunswick, Virginia, Charleston, New York, Philadelphia, Norfolk, Wilmington , Savannah, Jacksonville, UAE, Saudi, Doha, India, Bangladesh, NY, Montreal, Port of Virginia, Port

☆ Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
▼ + stars: | 2024-03-26 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, Baltimore, Maryland, on March 26, 2024. At the time of the collision, the vessel had two pilots from the Port of Baltimore on board. The steel frame of the Francis Scott Key Bridge lies in the water after it collapsed in Baltimore, Maryland, on March 26, 2024. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. "The collapse of the Baltimore bridge primarily affects coal exports from CNX and CSX terminals," said Madeleine Overgaard, dry market data manager for the global trade data platform Kpler.

Persons: Francis Scott Key, Dali, Roberto Schmidt, Paul Brashier, Brashier, Goetz Alebrand, Wes Moore, Larry, Richard Meade, Meade, Kena Betancur, Andy Lipow, Lipow, Helen Delich Bentley, Judah Levine, Madeleine Overgaard, Levine, Tasos Katopodis Organizations: Afp, Getty Images Logistics, Port, Eastern Seaboard, ITS Logistics, Getty, Americas, DHL Global, Maryland Gov, Baltimore, AFP, Uber Freight, IKEA, Lipow Oil Associates, Maersk, Freightos, CSX, East, Francis Scott Key Bridge Locations: Baltimore , Maryland, Baltimore, New York, New Jersey, Norfolk, Port of Baltimore, Colombo, Sri Lanka, Port, American, Taicang Port, Suzhou, China's, Jiangsu, East Coast, Norfolk , Virginia, Maryland, Midwest, New England, Virginia, North East , Maryland, Gulf Coast, Philadelphia, Suez, CNX, Freightos, Asia, U.S

☆ Logistics companies scramble with Port of Baltimore closed until further notice
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLogistics companies scramble with Port of Baltimore closed until further noticeCNBC's Lori Ann LaRocco reports on the economic fallout from the Francis Scott Key Bridge collapse in Baltimore, Maryland.

Persons: Lori Ann LaRocco, Francis Scott Key Organizations: Email Logistics, Port Locations: Baltimore, Baltimore , Maryland

☆ There's an East Coast container exodus within the U.S. supply chain
▼ + stars: | 2024-03-25 | by ( Lori Ann Larocco | Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's an East Coast container exodus within the U.S. supply chainEast Coast ports are losing container volume to the West Coast due to several global supply chain issues, and the threat of a strike at East Coast and Gulf ports in the fall.

Locations: East Coast, East, West, Gulf

☆ A trucking and rail strategy that boomed during pandemic shocks is heating up again
▼ + stars: | 2024-03-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

The shift in the volume of freight being moved from the East Coast to the West Coast was first highlighted in February in the ITS Port Rail Ramp Freight Index. He said the disruptions from the Suez Canal and Panama Canal have contributed to an almost 20% increase into the West Coast ports. "For our ports, transloading containers is always going to happen and we have the capacity to do more." The West Coast container volume rebound will also have a ceiling. "We probably don't get to the historical 10-year levels of West Coast market share versus East Coast share," Chan said.

Persons: Michael Aldwell, Kuehne + Nagel, Chris Sikora, CH Robinson, Sikora, Tim Robertson, transloading, Paul Brashier, We're, Brashier, Bryan Kempisty, Matt Schrap, Bruce Chan, Chan, CH, Bascome Majors, J.B, Hunt, Schneider, JB Hunt, Jason Seidl, Knight, Swift, Seidl, Larry Organizations: Getty, U.S, Logistics, CNBC, Kuehne, Transportation Intelligence, . Logistics, DHL Global, ITS, Rail, ITS Logistics, Department of Transportation's, PortX Logistics, Harbor Trucking, J.B, Susquehanna International Group, Hub Group, Schneider, Union Pacific, Cowen Group, Universal Logistics Holdings, East, International Longshoremen's Association, Surface Transportation, Canadian Pacific, Kansas City Southern, Uber, Uber Technologies Locations: West Coast, East Coast, Panama, East, Red, Gulf, transload, transloading, West, Suez, Hunt, CH Robinson, Sea, Mexico, Kansas, Mobile , Alabama, Coatzacoalcos, Veracruz, Gulf of Mexico

☆ What is transloading? Supply chain experts explain
▼ + stars: | 2024-03-25 | by ( Lori Ann Larocco | Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat is transloading? Supply chain experts explainTransloading is a method of moving imported goods across the country using multiple modes of transportation which, according to supply chain experts, may be here to stay.

☆ Investors are worrying about Fed rate cuts under a different economic backdrop now: Lori Calvasina
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are worrying about Fed rate cuts under a different economic backdrop now: Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Squawk Box' to discuss the state of the U.S. economy, the Fed's interest rate outlook, latest market trends, and more.

Persons: Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets Locations: U.S

☆ RBC's Lori Calvasina anticipates a market pullback in the short-term
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Lori Calvasina anticipates a market pullback in the short-termLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell' to discuss market valuations compared to sentiment data.

Persons: Lori Calvasina Organizations: RBC Capital Markets

☆ CEO of Hapag-Lloyd, one of world's top ocean shippers, says the outlook has changed for global economy, trade demand
▼ + stars: | 2024-03-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

We saw them coming up a bit towards the end of the quarter, and then of course, the Red Sea crisis ... which again changed the market." Rolf Habben Jansen, CEO of Hapag-Lloyd, the world's fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. "It's a concerning situation and I think the [Red Sea] outlook is very difficult," Jansen said. In addition to the added costs, according to Sea-Intelligence, the Red Sea diversions could increase carbon dioxide emissions by 260%–354%. New ocean alliance with MaerskThe reduction in global freight and schedule reliability are headwinds ocean carriers have been facing for months.

Persons: Lloyd, Jansen, Rolf Habben Jansen, Hapag Lloyd, Hansen, it's, Lars Østergaard Nielsen, Nielsen, " Hansen Organizations: CNBC, Intelligence, EU, Trading, Maersk, Hapag, Gemini, Sea, MSC Locations: U.S, Asia, West Coast, East Coast, Gulf Coast, Red, Aden, Yemen, Africa, Europe, Suez, Panama, California

☆ Where global shipping rates are headed in 2024 with Red Sea attacks continuing
▼ + stars: | 2024-03-15 | by ( Lori Ann Larocco | Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhere global shipping rates are headed in 2024 with Red Sea attacks continuingGlobal shippers and ocean freight carriers are in contract season and the Red Sea continues to weigh on decision making. Where are container prices headed? CNBC's Lori Ann Larocco consulted logistics experts at the recent TPM conference.

Persons: CNBC's Lori Ann Larocco Organizations: Red

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