# Hormuz

Type: Technology

Source: Retail Intelligence Brief — https://getretailbrief.com/entity/hormuz
Canonical HTML page: https://getretailbrief.com/entity/hormuz

## Timeline

- **2026-03-19**: Hormuz Crisis Impact — Drewry reports 2% rise to $2,172; geopolitical risks in Hormuz cited as a major cost factor.
- **2026-03-12**: Second Consecutive Gain — WCI continues upward trend as Transpacific demand strengthens.
- **2026-03-05**: Initial Rate Uptick — Spot rates begin to climb after a period of relative stability.

## Recent coverage (1 stories)

### Container Spot Rates Rise for Third Week Amid Transpacific Strength
2026-03-19 19:22:34 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

The Drewry World Container Index rose 2% to $2,172 per 40-foot container, marking a third consecutive week of gains. Rising demand on Transpacific routes and geopolitical instability in the Strait of Hormuz are driving the current surge in global shipping costs.
Full story: https://getretailbrief.com/story/container-spot-rates-rise-hormuz-crisis

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