Global businesses are still experiencing the aftereffects of the Great Recession of 2007-2009. But perhaps no sector has felt the pain more acutely than mid-market suppliers.
Too many ships, too much rate discounting, and too many service providers for the market to support: the outlook for ocean carriers is "pretty bleak indeed."
Cryptocurrency: The very word suggests shady dealings. But a new purveyor of an alternative digital payment method - to put it in more mundane terms - is seeking to change that.
It takes a lot of time and energy to turn around one of those massive new containerships in mid-ocean. The same goes for reversing the assumptions that led to the construction of those behemoths in the first place.