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Suez Canal

A perfect storm sends shipping rates surging

by Sabri Ben-Achour
Jul 19, 2024
Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
Storms, war, drought and holiday season front-loading have all raised the cost of sending goods around the world.
Getty Images
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Egypt's Suez Canal isn't oil industry prize

by Stacey Vanek Smith
Jul 3, 2013
As Egypt grapples with political unrest, many economic analysts are worried about the price of oil. But Egypt's Suez Canal isn't as important as you'd think.
An Egyptian woman takes a photo a container ship as it sails through the Suez Canal.
AFP/Getty Images
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News In Brief

MID-DAY UPDATE: Jobless claims, Suez Canal workers' strike, NYSE merger

by Katharine Crnko
Feb 10, 2011
The U.S. Labor Department this morning announced weekly jobless claims fell to 383,000, the lowest level in nearly three years....
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MID-DAY UPDATE: Global wheat supply, the Suez Canal, and Atlanta's grease goldmine

by Katharine Crnko
Feb 1, 2011
As protests continue today in Egypt, the global business community focuses on spikes in oil and wheat prices. The World Bank says 30 million...
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MID-DAY UPDATE: Protests in Egypt, and the new iPad newspaper

by Katharine Crnko
Jan 31, 2011
The ongoing protests in Egypt have raised economic concerns worldwide. Moody's Investors Service has cut Egypt's credit rating and revised its...
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