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☆ Fears of prolonged Red Sea shipping crisis fuel inflation fears, as oil, retail cargo delays rise
▼ + stars: | 2024-01-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

"If so, we expect the soaring freight rates and equipment shortage will continue till the third quarter," it advised clients. This would be on top of the revenue lost by diverted container vessels which are required to pay between $500,000-$600,000 per transit. "However, given the longer transit times vessels are experiencing, the market may face a shortage of empties across Asia until sailings normalize." Evelyn Fornes, Home Depot spokeswoman, said it is working with logistics carriers to find alternate routes to limit any impact from the Red Sea conflict. East Coast freight rates soar While freight rates for U.S. West Coast ports have yet to spike, freight rates for the East Coast and Gulf are up.

Persons: Folden, Shell, Jean, Charles Gordon, Nyttingnes, Torm, Euronav, Tom, Hafnia, Andy Lipow, Kuehn, Nagel, Ami Daniel, Goetz Alebrand, Stephen Schwarz, Paolo Montrone, Kuehn + Nagel, Alan Baer, Baer, Evelyn Fornes, Fornes, Lane Organizations: Galaxy, Houthis Media, Getty Images, Anadolu, Getty, U.S, Clarksons Securities, Honour Lane Shipping, Wall Street, Shell, Suez, Authority, Lipow Oil Associates, Logistics, CNBC, DHL Global, Asia Pacific, Kuehn, USA, Home, Costco, Walmart, Home Depot, Volvo, Michelin, Ikea, East, U.S . Locations: Iran, Yemen, Anadolu, Hafnia, Ardmore, Suez, Israel, Americas, Asia, Europe, Wells Fargo, Red, U.S, East Coast, U.S . West Coast, Gulf, East, West, West Coast

NEW YORK (AP) — Three books that explore and celebrate the diversity of American culture were awarded Kirkus Prizes on Wednesday night, with each winner receiving $50,000. James McBride's “The Heaven & Earth Grocery Store,” a novel set in an eclectic Pennsylvania town in the 1930s, won in the fiction category. The awards were presented by the trade publication Kirkus Reviews. “History and community emerged as central themes in the most outstanding works of literature published this year. Previous winners of the Kirkus Prize, established in 2014, include Hanya Yanagihara's “A Little Life,” Jason Reynolds' “As Brave as You" and Susan Faludi's “In the Darkroom.”Political Cartoons View All 1207 Images

Persons: James McBride's “, ”, Ariel Aberg, ” Meg Kuehn, ” Jason Reynolds, Susan Faludi's “ Organizations: Kirkus Locations: Pennsylvania

☆ Amy Olson: What to eat at a golf major when you’re seven months pregnant – peanut butter and jelly sandwiches
▼ + stars: | 2023-07-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

But before she embraces parenthood, Olson has a golf tournament to try and win – the US Women’s Open, no less. Darron Cummings/APOlson had just one request for the tournament’s organizers: to have peanut butter and jelly sandwiches waiting for her at Pebble Beach. Amateur Brenda Corrie-Kuehn was eight months pregnant when she teed off at the 2001 US Women’s Open, with playing partner Jennifer Greggain well into her second trimester. Olson came close to a first major title at the 2020 US Women's Open. Women’s golf’s oldest major is finally touching down at Pebble Beach, a course that has already captivated Olson with its beauty.

Persons: Amy Olson, Olson, ” Olson, ”, Grant’s, Darron Cummings, –, “, don’t, Amateur Brenda Corrie, Kuehn, Jennifer Greggain, Corrie, Kuehn’s, Rachel, Stacy Lewis, “ I’m, I’m, it’s, there’s, Olson’s, Lim Kim birdied, Carmen Mandato, can’t, what’s Organizations: CNN, LPGA, American, Amateur, Nike, US, South, Evian Locations: Minnesota, “ There’s, North Dakota, South Korean, Pebble

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