• 11/29/2024

Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

Wall Street Journal

Western importers are reporting a steep rise in ocean-shipping rates and weekslong delays as carriers divert ships from the Red Sea to avoid Houthi rebel attacks.

https://www.wsj.com/articles/importers-face-surging-shipping-costs-delays-as-red-sea-diversions-pile-up-7638ed64