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 1.1% to $1,575.97 per 40ft container this week (updated Thursday, 28 May 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…
View ArticleIndustry updates and weekly newsletter direct to your inbox!