Major port congestion at East Coast US
Volumes up 11.9% since May Port congestion remains a major hurdle for U.S. supply chains, with billions of dollars’ worth of products at anchor or inland, and the shift in…
Container shipping spot rates could soon fall below contract rates
Zim, the world’s tenth largest container shipping line, posted the best quarterly results in its history on Wednesday. It hiked its full-year guidance and now predicts 2022 earnings will be…
