The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by 5.8% to $1,575.99 per 40ft container this week (updated Thursday, 20 February 2020).
Two-year spot freight rate trend for the World Container Index:
Today the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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