Ocean freight rates double since March as carriers aggressively squeeze capacity
Ocean freight rates double since March as carriers aggressively squeeze capacity Mid-May 2026 saw a dramatic intersection of legal reprieve, aggressive threats, and targeted diplomacy defining global commerce. The U.S. executive branch successfully stabilized its immediate economic policy as an appellate court paused a ruling that had briefly neutralized the nation's 10% global surcharge....
5/21/2026 11:23:00 PM