🎣 Freight Stocks Don't Lie
Plus, Super Ego fires back at 60 Minutes, China tells Maersk and MSC to exit Panama ports, New York loses $73.5 million over non-domiciled CDLs — and more in today's newsletter.
What $200 oil means for freight. Plus: C.H. Robinson raised its rate forecast, states are writing their own CDL laws, a KitKat heist goes viral, and more.
Happy Monday. The Strait of Hormuz has been effectively closed for four weeks, diesel is already at $5.37 a gallon, and Macquarie warns oil could hit $200 a barrel if the war drags into June.
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