MSC Returns to Southern Red Sea Route Despite Resumption of Houthi Attacks

CRGO Freightos Ltd

$0.84 +1.23%

View chart & analysis →

1. 1MSC has rejoined the southern Red Sea route despite a resumption of Houthi attacks, following other global shipping lines
2. 2Freightos (CRGO) analyst expressed optimism, citing the start of a gradual normalization of container traffic in the waterway
3. 3Asia–US West Coast freight rates stand at $7,600 per FEU, roughly $5,000 higher than pre-peak-season levels

Source FreightWaves +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →