Articles tagged under: Suez Canal

Suez Canal Revenues Plummet

Published January 26, 2024

The shipping crisis on the Red Sea is impacting the traffic moving through the Suez Canal. An official with the waterway authority reports revenues this past month were down 44 percent from January of last year. Daily container shipments through…
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#3-Unprecedented Transportation Woes

Published December 29, 2023

RRFN’s third ranked story for the past year is the unprecedented transportation woes facing agricultural shipments. At the end of the year, the Suez Canal and cargo shipments on the Red Sea were facing attacks from militant rebels. Mother Nature…
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Unprecedented

Published December 20, 2023

Freight rates are moving higher, increasing the cost of commodities. Tim Marsh, Summit Commodities, describes this as an unprecedented situation. "The Suez Canal in some distress so there are some questions to whether or not we're gonna be able to ship…
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