Slower demand for imports combined with a greater supply of ships means lower shipping costs overall.
Longshoremen are trying to prevent the adoption of technology that could eliminate jobs. That transition has been underway in other countries.
Carriers are figuring out how to reduce risk and deal with disruptions caused by the Houthis’ attacks and low water levels in shipping lanes.
The attacks on ships by Houthi rebels are forcing expensive detours and more costly insurance for ships.
Stung by supply chain breakdowns and worried about labor unrest, many shippers have rerouted goods to the Gulf of Mexico and East Coast.
Softening demand and high inventories are to blame.
From the shipping slowdown in China to the excess of inventory on hand, there are a number of likely reasons for the drop.
Before the shipping container, goods were manually loaded into barrels and wooden creates.
Some containers have been sitting in storage for years. Experts say the problem has more to do with moving them to the right places than increasing the number in circulation.
Four charts and a new series to help you understand ongoing product shortages.
