Merchant mariners are aging out of the workforce. Will there be enough new cadets to expand the fleet?
Western sanctions on oil from places like Iran, Russia, and Venezuela have caused a growing number of oil tankers to shut off the tracking system that could alert authorities of their movements.
The deadline for negotiations between the union representing dockworkers and the ports is next week.
Delivery giant grows its network of sites where customers can send back packages by adding 10,000 Happy Returns drop-off locations.
Shipping companies need to cover their higher costs, but there’s a limit to how much they can pass on to customers.
Softening demand and high inventories are to blame.
The Port of Oakland wants to shorten the stays of shipping containers at its marine terminals.
China’s COVID-19 lockdowns, which shut down much of the country’s manufacturing and exports, are partly 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.
The White House has pushed changes at ports to fix supply chains and ease prices, but high demand for goods continues to exert pressure.
