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Suez Canal
Government, Business, Safety, Logistics

House T&I Presses White House to Safeguard Supply Chain

Red Sea attack

House transportation policymakers renewed calls for the Biden administration to enhance its response to growing supply chain concerns.

Eugene Mulero | Senior Reporter
January 31, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Red Sea Chaos Starting to Impair Profits Across Industries

Port of Montreal crane

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

Bloomberg News
January 23, 2024
Government, Business, Safety, Logistics, Private, Global Freight

Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs

Fresh food in U.K.

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

Bloomberg News
January 19, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Shipping CEOs See No Short-Term End to Red Sea Disruptions

Maersk containership

The CEOs of two leading freight carriers said they expect Red Sea threats to disrupt shipping for weeks or months longer.

Sanne Waas | Bloomberg News
January 17, 2024
Business, Safety, Fuel, Logistics

Global LNG Fleet Avoiding Red Sea With More Tankers Diverted

LNG tanker Sohshu Maru

The global LNG tanker fleets appear to have stopped using the Red Sea and Suez Canal, as continued Houthi attacks on ships reroute flows of the power-station and heating fuel.

Stephen Stapczynski | Bloomberg News
January 17, 2024
Government, Business, Safety, Logistics

US Calls Houthi Shipping Threat an ‘All Hands on Deck’ Issue

Jake Sullivan

The U.S. launched a new strike against the Yemen-based Houthis on Jan. 16, hitting anti-ship missiles in the third assault on the Iranian-backed group in recent days, the U.S. military said.

Jon Gambrell and Lolita C. Baldor | Associated Press
January 16, 2024
Government, Business, Safety, Logistics, Global Freight

How the Red Sea Conflict Is Crimping Global Trade

USS Mason battleship

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

Courtney Bonnell and David McHugh | Associated Press
January 12, 2024
Business, Safety, Logistics

Ships Advertise Chinese Links to Avoid Houthi Attacks

Yangshan Deepwater Port

At least five vessels transiting the Red Sea are using their signals to say they have links to China — the latest unusual measure taken to try to avoid attack by Houthi militants in the Red Sea.

Alex Longley | Bloomberg News
January 11, 2024
Government, Business, Safety, Logistics, Global Freight

US Trucking Faces Downstream Effects From Suez Canal Attacks

Ship on Suez Canal

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

Connor D. Wolf | Staff Reporter
January 9, 2024
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