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...
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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...
Why stratospheric container rates could rocket even higher
Theoretically, ocean container rates could keep rising until shipper margins are erasedSpot ocean container rates are up triple digits year on year, ergo they must be near their peak. They’re...
Sea Cargo Chaos Intensifies In The Summer Of Sold-Out Ships
By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting...
The Forgotten Shipping Pallet Stages a Pandemic-Era Rally
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic.After carrying the weight of the global economy since World War II with little fanfare,...