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The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
Drought has lowered water levels in the Panama Canal, restricting the amount of freight that can pass through. How long will limits last, and how will they affect peak season shipping? Plus: Does the freight recession foretell a wider economic recession?; finding workers gets harder.
Drought has lowered water levels in the Panama Canal, restricting the amount of freight that can pass through. How long will limits last, and how will they affect peak season shipping? Plus: Does the freight recession foretell a wider economic recession?; finding workers gets harder.