Category: Economy

The new masters and commanders

China’s growing empire of ports abroad is mainly about trade, not aggression

FROM the ground, Colombo’s port does not look like much. Those entering it are greeted by wire fences, walls dating back to colonial times and security posts. For mariners leaving the port after lonely nights on the high seas, the delights of the B52 Night Club and Stallion Pub lie a stumble away. But viewed from high up in one of the...
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DAT reports gains in spot market loads and rates

By Jeff Berman, Group News Editor March 12, 2014
Data recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT showed a host of annual gains for spot market loads and capacity in February. Aside from spot market capacity, which was impacted by harsh winter weather, DATA reported the following data for February on a sequential (January to February) and annual basis: -spot market loads were up 8.8 percent sequentially and 86 percent annually; -spot market capacity was down 12 percent sequentially and 22 percent annually; -van Load-to-Truck was up...
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