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Maritime Cargo Companies Aren't Jumping The Ship on Tariffs Yet – Here's Why

"Admire a small ship, but put your freight in a large one; for the larger the load, the greater will be the profit upon profit." – Hesiod

Global shipping is often seen as a leading indicator for economic growth and goods inflation signals. Most international trade – about 80% by volume – involves waterborne shipping. The Baltic Dry Index, a benchmark used to assess global shipping costs of dry commodities including (but not limited to) grain, coal, and iron ore, shows that while those costs...

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