Read More

Full Steam Ahead: Why Container Ships Are Racing Across The Pacific

There are almost no container ships in the world left for liners to charter. Secondhand purchase prices are through the roof. It takes two years or more to get a newly built ship. How can liners find more capacity? There is a way — without adding ships — for liners to move more cargo and take even greater advantage of today's stratospheric rates: speed up.

ZIM

Read More

Vaccine Stocks Climb After Moderna Added To S&P 500, With BioNTech Also Up

The first week of earnings season wraps up with major indices closely tracking the bond market in Wall Street’s version of “follow the leader.” Earnings absolutely matter, but right now the Fed’s policies are maybe a bigger influence. In the short-term the Fed is still the girl everyone wants to dance with.

AAL