April 13, 2024
The Panama Canal's Drought Crisis and Global Trade
Drought worsened by El Nino is choking the Panama Canal, which carries 40% of US container traffic, threatening global t
November 4, 2023
How FedEx's $5,000 Bet Built a Global Logistics Empire
Fred Smith's Yale paper and Marine Corps logistics lessons inspired FedEx's hub-and-spoke overnight delivery model, whic
November 1, 2023
The Economics of Modern Piracy: Risk and Reward
Modern piracy runs like a business, with up to $30,000 in upfront investment, informal stock markets for backers, and st
October 15, 2023
Why Cargo Ships Get Scrapped: The Economics of Shipping
With service lives near 40 years, aging cargo ships burn more fuel and crew than they earn, making scrapping rational in