Sticky port congestion drives intra-Asia freight rates higher
Intra-Asia rates continue to rise year-on-year, as major ports are congested amid the early peak ...
By Mike Weir
(LEGEND: AP: Ale Pasetti; MW: Mike Weir; MW20: “Mike Weir 2020”; MW08: “Mike Weir 2008”)
AP: “Hey, Mike, have you seen the news about those two professors – Paul Milgrom and Robert Wilson – who won the Nobel Prize in economics for their work on auction theory?”
MW: “Sure. Things have been pretty quiet on the news front.”
AP: “Exactly. Why not write about that? See if you can apply it to logistics and shipping.”
MW: ...
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