Asia-Europe contracts up

Carriers are getting out of long term contracts since spot prices on Asia-Europe runs have declined. There are quite a few new build ships in the pipeline, and these rates are pretty low.

Drewrys

Asia-Europe contracts up as carriers quit year-long deals for spot market | Shipping Tribune.

Rail News – STB reauthorization bill would change freight-rail policies. For Railroad Career Professionals

http://www.progressiverailroading.com/federal_legislation_regulation/news/STB-reauthorization-bill-would-change-freightrail-policies–43886

Change coming to the STB? Faster attention to rate cases would help shippers.  The new rules would allow offline nonpublic discussion.

Containers on Rail: China’s Next Big Opportunity in Supply Chain Logistics – Supply Chain 24/7

http://www.supplychain247.com/article/containers_on_rail_chinas_next_big_opportunity_in_supply_chain_logistics