Congress mulls raft of supply chain bills – but one is missing, say BCOs
Beneficial cargo owners and logistics providers are looking to the US Congress for legislation to ...
Ever so slightly off the freight topic, but this is a fascinating short piece in The Economist on airline competition. It notes that rival airlines with shareholders in common, for example a mutual fund, might be discouraged from normal market measures like a price war to lure customers from one airline to another. The shared ownership is, in essence, anti-competitive. And the study that highlighted this issue, discovered that routes run by airlines with shared ownership had higher prices – 3-5% higher, in fact. As the article rightly points out, this creates something of a headache for the authorities. Should you restrict share ownership? Or ensure a competitive market for consumers?
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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