Retail inventory-to-sales levels still historically low despite higher spending on services A widely held theory on pandemic spending is that container imports surged because Americans bought a lot more goods...
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Best of times sure beats worst of times
Including newbuilds, MSC will be by far the larger liner company The extreme consolidation within the container liner sector is the kind of thing owners of tankers and bulk carriers...
Top 10 liners control 85% of market — and they’re not done yet
Including newbuilds, MSC will be by far the larger liner company The extreme consolidation within the container liner sector is the kind of thing owners of tankers and bulk carriers...
Tesla works with global shipping company to digitize data and “stabilize logistics networks”
Tesla is helping Chinese state-owned company COSCO Shipping digitize its vast shipping data. COSCO has agreed to share shipping data with Tesla so the EV maker can test the system...
5 reasons global shipping costs will continue to rise
Shipping costs have risen sharply and fierce competition for ocean freight capacity is the new normal. With new capacity only slowly coming onstream, freight rates are expected to continue to...