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Why GPS is more vulnerable than ever

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The space-based navigation and timing system faces a growing risk of attack. But there is a simple solution.





By Joe Uchill, Contributor

MAY 10, 2016











Nir Elias/Reuters
















From a command center at Schriever Air Force Base, about 10 miles outside Colorado Springs, Colo., seven 20-something airmen are responsible for safeguarding global financial markets, international commerce, the US power grid, all telecommunications, and ensuring that Uber drivers everywhere can find even the most out-of-the-way restaurants.





The highly trained military personnel with Air Force Space Command protect the 31 satellites the US relies on to provide access to terrestrial navigation. Their office is the control center for the Global Positioning System (GPS) that some 4 billion people around the world use daily, making it possibly the largest humanitarian service provided by any one nation.







Most people think of GPS as the ubiquitous yet invisible system that moves the dot on Google maps…

Dry shipping container prices fall to lowest level since 2002

The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.




BY CHRIS DUPIN |TUESDAY, MAY 10, 2016





Prices for new dry freight containers declined to their lowest point since 2002 during first-quarter 2016 and are still going down, according to the latest edition of the Container Equipment Insight, published by the London-based consultant Drewry.





Average container equipment prices fell 15 percent through the first quarter, as the deteriorating outlook for trade growth impacted pricing. 










The price of a 20-foot container has dropped to below $1,350 and the price of a 40-foot container is about $2,350, according to data supplied by Drewry.


“As a consequence of this and the fact that steel and other material costs are no longer in decline, Drewry estimates that the container manufacturing sector made a small net loss in the first quarter of 2016. Used dry freight container prices also decl…

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