The last two weeks of 2019 presented an opportunity for the global logistics industry to get to grips with five major elements of change. First, the introduction of new sulfur emissions rules from Jan. 1, 2020 led to a 6.5% rise in China-outbound shipping rates in December, though 4Q overall was still down 3.3% overall compared to 4Q 2018. Second, the shipping industry may be set for a new round of restructuring after Maersk’s CEO, Soren Skou, raised the prospect of purchasing land-side logistics assets. Thirdly, Matson raised concerns about legislation that could repeal the Jones Act re...
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