JOC Intermodal Savings Index: Strong Q3 contract discounts –

Ex-DOJ advisor John Crews will oversee the FMC departments that investigate and prosecute a growing number of shipping complaints.
Last year’s dip in electronics imports is a sign that US consumers were holding back on some discretionary purchases after two years of heightened spending during the COVID-19 pandemic.
While rates on the trans-Pacific and Asia-Europe trades may have hit bottom, there is still some way to go before headhaul trans-Atlantic prices reach pre-pandemic levels, but the gap is narrowing by the week.
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