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#trade-route-closure
(2 articles)Shipping & Freight
High ImpactJul 27, 2026Asia-US Ocean Rates Surge 29% Amid Strait of Hormuz Closure
A closure of the Strait of Hormuz—one of the world's most critical maritime chokepoints—has triggered a dramatic 29% spike in ocean freight rates between Asia and the United States. This represents a
FreightWaves#strait-of-hormuz#ocean-freight-rates#asia-us-trade
Risk & Disruption
High ImpactJul 20, 2026Middle East Air Cargo Routes Disrupted as Cathay Pacific, Cargolux Halt Flights
Cathay Pacific Airlines and Cargolux have postponed or suspended resumption of cargo and passenger flights to key Middle East hubs including Dubai, Riyadh, and Kuwait in response to renewed large-scal
FreightWaves#iran-us-conflict#middle-east-logistics#air-cargo-disruption