The International Monetary Fund has downgraded its global growth projections for 2016 and 2017. It is now forecasting the global economy to increase at a 3.1 percent pace this year and 3.4 percent next year, both down 0.1 percentage points from previous projections.
Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
With more than 100,000 freight carriers operating in North America, sophisticated shippers long ago realized the only way to successfully and efficiently procure transportation was by hosting regular bidding events.
