Congestion and rates drove huge modal shift to air freight last year
Cargo owners increasingly switched from sea to air in 2021, with port congestion and a ...
Photo 58517437 © Gholib Marsudi | Dreamstime.com
At Premium we sometimes muse that our subscription fee is the equivalent of the price of a cup of coffee per week. But after an extraordinary year in the coffee markets, with prices doubling from $1.24/lb to $2.39 today, that comparison no longer stands.
The spotlights were on Brazil in 2021, where frost and drought damaged the coffee crop. The weather story was as dramatic a narrative as any Brazilian soap opera and caught the attention of speculative funds, while the container ...
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