GENEVA — Downward pressure on freight rates for containerized cargo and other seaborne trade is forecast to continue next year, largely due to the oversupply of new vessels, a United Nations report said.
But changes in the shipping market, including lower steaming speeds, shifts in trade patterns and growing pressure to lower emissions are likely to impact decisions by companies on where to place production and source goods, concludes the report.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"