• Also, a continuous rise of international sea freight pushed up global iron ore prices sharply during this period.

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  • The exhibition is housed in an outdoor, temporary structure made from sea freight containers -- a reminder of the fact that the artists involved in the project come from a very poor district of Port-au-Prince, Haiti's capital.

    CNN: STORY HIGHLIGHTS

  • Contrary to the obvious assumption, rising fuel prices might actually cause the use of ships for freight, as manufacturers reduce fuel use not by shipping things shorter distances, but by relying more heavily on efficient sea freight at the expense of less efficient land- and air-based modes of transport.

    FORBES: A Leader in Efficient Shipping

  • Through a strategy of acquisition and diversification, he has transformed the group into Europe's biggest rail-freight operator, Germany's biggest bus operator, and the world's number two in airfreight and number three in sea-freight.

    ECONOMIST: Face value

  • Almost all the world's freight goes by sea, rail and road.

    ECONOMIST: The effect on business and leisure

  • That should not be hard nearly a quarter of the world's ocean freight passes through the South China Sea.

    ECONOMIST: A rig too near

  • Moreover, continuing shift in freight traffic from air to the sea, driven by higher fuel prices is not helping the air-cargo industry at all.

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  • However, heavier, less urgent and low value per pound shipments will increasingly shift towards the sea route as companies thrive to manage their total distribution costs efficiently, which would limit the growth in air freight segment.

    FORBES: After Weak Results FedEx Looks Like A $105 Stock

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