Logistics Recap March 13th – March 19th

Logistics Recap March 13th – March 19th East Coast ports about to get slammed by a lot more ships There were 63 container ships waiting off East and Gulf Coast ports on Friday morning, plus another eight off the transshipment hub in Freeport, Bahamas — and it...

Logistics Recap March 6th – March 12th

Logistics Recap March 6th – March 12th 2 tankers fill up with Russian oil after 45-day US countdown begins After oil companies were given a 45-day window by the Biden administration on Tuesday to phase out existing contracts for Russian oil, at least two tankers...

Logistics Recap February 27th – March 5th

Logistics Recap February 27th – March 5th Russian invasion propels price of ship fuel to historic high The price of ship fuel was flirting with a new record even before Russia invaded Ukraine. Then war broke out, and the highs of the past were left far behind....

Logistics Recap February 20th – February 26th

Logistics Recap February 20th – February 26th Diesel surges more than crude before falling back Diesel prices kicked off the trading day by rising far faster than any other petroleum prices Thursday morning in reaction to the Russian invasion of Ukraine.  Read...