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Panjiva Daily: K+N expects rates to roar into 2022; BNSF makes MSC’s life more complicated

Global 1355 Panjiva Daily 692

K+N posted significant revenue growth on the back of stronger shipping rates rather than volumes and expects the current situation to continue until at least Feb. 2022. Widening rail operation limits are impacting West Coast U.S. shipping. Also: Samsung, Foster Electric supply chains secure as Vietnam reaches currency deal; Hong Kong warning adds to U.S.-China frictions as electronics trade wanes; Biden’s competition order yields rapid FMC audit action; cars drive acceleration in Japan’s trade activity; Brexit NIP reform attempt could bring bite of tariffs.

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