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Here’s When Experts Expect Port Congestion to Ease

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The Freightos Baltic Global Container Index (FBX) climbed 6 percent in February to another FBX-high of $4,295 per 40-foot container or equivalent unit (FEU), a 223 percent annual increase, driven mostly by still-surging volumes from Asia to the U.S. West Coast, according to Judah Levine, research lead at the online freight marketplace. “The sustained surge…

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