Diesel surges more than crude before falling back
Diesel prices kicked off the trading day by rising far faster than any other petroleum prices Thursday morning in reaction to the Russian invasion of Ukraine.
Freight forwarders warm up to the idea of shipper-owned containers
Freight forwarders are increasingly accepting requests to use shipper-owned containers as equipment shortages persist, according to a survey conducted by ContainerxChange.
Shipping rates resume rise as snarls extend into seasonal lull
Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.