The US economy grew at an annualised 3.3% pace in Q4, boosted by record-breaking spending of $964.4 billion over the holiday period and highest ever e-commerce sales
Triple digit rises have been recorded on several key routes as rerouting and surcharges hits freight rates following attacks on ships transiting the Red Sea by Houthi Rebels
Business confidence measures suggest that North America will be one of the top performers heading into 2024 in manufacturing and the supply chain sector, but weakness in Asia-Pacific and Europe will continue
An attack on a tanker sailing through the Red Sea with an anti-shipping missile from rebel-controlled territory in Yemen is part of a wider conflict that is causing dilemmas for international shipping and may potentially herald a new era of risk