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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
After a sharp increase, spot rates from the Far East to the US are declining, following the earlier pattern seen in Europe.
Maersk indefinitely halts Red Sea operations after a severe attack on Maersk Hangzhou on December 30.
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