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en.antaranews.comLars Jensen, CEO of Vespucci Maritime, stated that freight rates and insurance premiums have risen after recent comments on the Strait of Hormuz. He said business decisions cannot be based on those statements.
en.globes.co.ilThe two largest container lines said they are preparing to send ships back through the Red Sea. Their shares fell on expectations that restored access to the shorter route will ease vessel shortages and reduce freight rates.
Trucking companies face higher commercial insurance premiums linked to increased litigation, according to industry groups. These costs may affect freight rates and consumer prices for goods.
Unionized cargo workers and BGF Logis, the logistics affiliate of convenience store chain CU, signed a collective agreement on April 30, 2026, ending a 10-day blockade of key logistics centers. The deal raises freight rates by 7 percent and improves working conditions, following…