Box freight rates face summer lull

Little hope for next round of rate increases to hold. Greater capacity discipline is required from carriers if rates are to pick up. But there are few signs of that happening before the end of the peak season.

Panama Canal Restrictions Likely to Last for the Next Year

Restrictions on the draft of vessels and the number of daily transits at the Panama Canal appear to be the “new normal” for the operation. In interviews with Reuters and Agence France-Presse, Panama Canal Authority executives said they expect to maintain their current rules for at least 10 more months as they seek to manage […]