Container Shipping

Shipping Companies Flush With Cash, With Some Splashing Jumbo Employee Bonuses

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Global cargo carriers are estimated to have recorded $150 billion in profits in 2021, the first time they’ve collectively reached that figure in a single year.

The Shipping Container Was the Most Important Invention of the 20th Century

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Malcolm McLean may be the most important person you’ve never heard of. His claim to fame? Inventing a box.

Online Sales Declined on Black Friday and Cyber Monday for First Time

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Online sales during 2021’s Black Friday and Cyber Monday shopping holidays ended up being slightly less than those of the previous year, representing the first time such a decrease has been recorded. Americans shelled out $8.9 billion on Black Friday deals and $10.7 billion on Cyber Monday specials, compared to $9 billion and $10.8 billion in 2020, according to Adobe Analytics.

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