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The New York Shipping Exchange announced it has closed a Series C funding round and launched a series of shipping rate indexes.

Expeditors recorded year-on-year gains in tonnage for both airfreight and ocean freight for the first time in more than two years.

Despite all-time-high container production, demand continues to outpace supply and new box prices keep rising.

Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.