No quick end to Red Sea attacks; freight rising

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The story "No quick end to Red Sea attacks; freight rising" was covered 11 hours ago by Business Mirror, a news publisher based in Philippines.

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No quick end to Red Sea attacks; freight rising - Business Mirror

Quick Summary:

LOCAL companies and traders should focus on enhancing their supply chains as trade disruptions and tensions brought about by the attacks in the Red Sea are not ending anytime soon, according to a supply chain expert.

Also because there’s rerouting…It’s actually ongoing,” the PASIA president added.

According to Villaseñor, there are still ongoing impacts brought by the attacks in the Red Sea.“There’s an [increase in] freight cost, there are delays.