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Drought-Hit Panama Canal To Increase Shipping Slots To 24
The Panama Canal has announced an increase in the number of booking slots available for its Panamax and Neopanamax locks due to a severe drought affecting maritime trade. Starting mid-January, the canal will offer 24 transit slots per day, up from the initially planned 18.

Red Sea Rerouting To Raise Ocean Rates, Absorb Capacity: Analysts
The rerouting of container ships around southern Africa to avoid Red Sea attacks is expected to result in rising freight rates and the absorption of surplus capacity for ocean carriers.

FDA Issues Final Guidance on Registration and Listing of Cosmetic Product Facilities and Products
The U.S. Food and Drug Administration (FDA) has released a final guidance for the cosmetic industry regarding facility registrations and product listings, in accordance with the Modernization of Cosmetics Regulation Act of 2022 (MoCRA).

Reminder: Mallory Alexander Client Advisory
Mallory is continually monitoring cyber security threats that affect not only Mallory's systems but threats to our clients, as well. To that end, we have been informed that some Mallory Alexander clients are being contacted by persons with a “mallorygroups.com”, "mallorysgroup.com", "mallorysgrp.com" or more recently "mallroygroup.com" email domain asking about payment status. Please note that our company email addresses do not include an “s," and our payment instructions have not changed.