Geopolitical instability in the Black Sea and Red Sea regions was the primary driver of elevated ocean freight prices in 2024. Factors such as port shortages, reduced shipping routes, soaring fuel costs, and heightened demand for transoceanic containers exacerbated an...
In response to the conclusion of the US East Coast port strike and the impending Lunar New Year, the elevated freight rates that had been in place during the peak months have begun to plummet. Freight prices for all major maritime routes—Trans-Pacific, Trans-Atlantic,...
RENUS Guangzhou warmly embraces the festive spirit of Christmas 2024, hosting a series of celebratory activities. The office is adorned with an array of mystery gifts, a cozy ambience, and the lovable RENUS Santa, bringing joy and a sense of camaraderie to the staff....
On November 11th, 2024, Donald Trump was officially re-elected as President of the United States. Throughout his campaign, Trump emphasized the importance of domestic tax cuts and rising foreign tariffs to stimulate the US economy. His “America First”...
Adidas’ insurance provider, Zürich Versicherungs-Gesellschaft, is demanding over half a million dollars from Maersk after three shipping containers filled with Adidas apparel went missing. The containers, worth a total of $562,272, were en route from Asia and...
