The cost of hiring container ships has plunged 24 percent from a multi-year peak while raw material vessel rates have slumped 10 percent from a five-year high.

If the U.K. leaves the EU with no deal, it could be “catastrophic” for medicine supplies — and necessitate emergency powers, the pharmaceuticals industry says.

Transport company boss Chris Blackburn is contemplating spending almost a million pounds for a chance to keep his trucks on European roads if Britain leaves the EU without a deal in March.

The White House wants to put an end to low-cost shipping from overseas, a move widely supported among U.S. e-commerce sellers.