Since the global financial crisis, an overcapacity of vessels has been produced while global trade growth has decelerated. Consequently, the maritime freight industry is enduring a severe crisis, inflicting massive losses on carriers and driving some toward bankruptcy. In recent weeks, numerous American retailers have expressed mounting concerns that the upcoming holiday season…
Port storage infrastructures are heavily congested with 77,000 vehicles, severely disrupting terminal operations. Frustrated by the operational inefficiencies at the Ports of Ashdod and Haifa, shipping giant Grimaldi has imposed a “Congestion Surcharge.” These additional costs will inevitably be passed on to vehicle importers, and potentially to the end consumers.
Finance Minister Moshe Kahlon has partially accommodated Tnuva’s request by phasing the import of fresh meat. This more gradual market opening is designed to allow Tnuva, operator of the “Adom-Adom” processing plant, a smoother transition as import regulations ease, according to government sources this evening.
The agricultural produce was exported accompanied by an official Israeli phytosanitary certificate issued by the Ministry of Agriculture. This milestone shipment comprised premium fresh produce, including potatoes, sweet potatoes, pomegranates, figs, dates, and a diverse variety of cherry tomatoes.