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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
Agricultural exporters are dealing with increased freight costs and trade disruptions amid ongoing conflicts in the Red Sea, industry leaders told the Federal Maritime Commission during a hearing Wednesday.
The Senate this week tackles a bipartisan border security compromise that likely faces unsurmountable opposition from House Republicans and former President Donald Trump.
Disruptions in the Red Sea due to attacks from Houthi rebels and a drought-induced slowdown of goods through the Panama Canal are driving up freight costs and putting a focus on the vulnerabilities of key chokepoints in agricultural shipping lanes.
