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Singapore Exchange is seeking to buy Baltic Exchange, the 272-year-old London-based provider of information on global shipping costs.

The shipping industry’s most-watched measure of rates for hauling commodities plunged to a fresh record amid a persisting glut of ships and speculation weakening Chinese steel output could translate into declining imports of iron ore to make the alloy.

The holiday shipping season is in overdrive now, with the next two Mondays expected to be among the busiest of the year.

The early holiday shipping season featured more online purchases, which could help to ensure smooth package delivery flow, experts said.

There is nothing glamorous about shipping containers. Their existence generally is one of sheer duty, hauling cargo from one point to another.

China could be creating Asia’s biggest container shipping company through a merger of two titans. But the plan doesn’t address the central issue confronting the industry for at least five years now: too many ships, with too much cargo space, plying the seas.

France’s CMA CGM, the world’s third-largest container shipping company, has signed an equipment sharing alliance with China Shipping Container Line and United Arab Shipping as carriers continue to seek new partners.

Data Driven Shipping, based in San Diego, has launched a website that allows users to download trucking industry data to the program of their choice on their computer or mobile device.