The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.
China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.
Several governments, organizations and transportation companies have worked together to patch a badly disrupted supply chain in efforts to improve the flow of supplies in the Bahamas.
Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.
It was largely a further slide down the slippery slope for the Shanghai Shipping Exchange’s China Containerized Freight Index, week ending March 22. Rates on nearly all seaborne containerized routes were down compared to the week before. Rates were also largely down on the benchmark containerized routes as compiled by Drewry Maritime Advisors.
Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.