The escalating tensions in the Red Sea have significantly impacted global shipping, causing container prices to surge by 120% over the past six months. This spike is largely due to disruptions from Houthi attacks on vessels, which have created instability and increased costs for businesses reliant on maritime trade. At W&K Container, Inc., we understand the challenges posed by these market fluctuations and are committed to maintaining fair pricing for our customers. Despite the volatility, we strive to offer competitive rates and reliable service to support your shipping needs during these uncertain times.
Article: Red Sea tension pushed up container prices 120% over last 6 months
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December 2024
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