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202407-18US Consumer Confidence Index Drops Again Due to High PricesPrior to the US stock market opening on Friday, July 13th, the University of Michigan reported that the preliminary Consumer Confidence Index for July dropped unexpectedly to its lowest level in eight months. -
202407-18Federal Reserve Chair: Fed hopes to ensure inflation is decliningOn July 15th local time, Jerome Powell, Chairman of the Federal Reserve, spoke at the Washington Economic Club event, sharing his views on current inflation data and the economic situation. -
202407-01The Rainy Season Arrives, and the Panama Canal's Capacity Recovers!As the rainy season arrives, the Panama Canal Authority is working to restore the canal's ship passage capacity and ensure increased ship draft. -
202407-01The Global Container Freight Index rose by 4% this week.The composite index increased by 4% this week to $5,318 per 40-foot container, representing a 256% increase compared to the same period last year. -
202406-24Industry: The impact of maritime transport issues on consumers has yet to be seenFigures released earlier this week showed that Suez Canal's revenue fell 64.3 percent to about $337.8 million in May. -
202406-04Increased Rainfall Leads to Adjusted Draft Restrictions for Panama CanalPanama Canal Authority (ACP) announced that with the onset of the rainy season and increased rainfall, as well as the anticipated rise in Gatun Lake's water level in the coming weeks, -
202405-31Dryad Global Report: Attacks on Merchant Ships in the Red Sea Have DecreasedThe conflict in the Red Sea and Bab-el-Mandeb Strait region may enter a prolonged period of attrition as the coalition forces attempt to weaken the military capabilities of the Houthi forces. -
202405-30Drought Alert Lifted! Panama Canal Capacity Increases from 24 to 31 Ships Daily!After more than a year of strict restrictions due to drought, the water levels of the Panama Canal have gradually risen, heralding the dawn of recovery for maritime container services. -
202405-27Master International Logistics Co., Ltd. Hosts Annual Conference in ChengduMaster International Logistics Co., Ltd., a leader in the international logistics industry, successfully held its annual conference on May 25-26, 2024, in Chengdu, Sichuan. -
202405-14Due to bad weather, the Baltimore Bridge demolition has been postponed twice.The controlled small-scale explosion to collapse the top part of the Key Bridge that fell onto the container ship "Dali" in the Baltimore port has been delayed until the following day.
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