- Global container shipments are set to fall 30% in the next few months, as retailers ask shipping companies to push back deliveries.
- Shipments fell about 15% this year amid the coronavirus pandemic.
- The slump is a setback for shipping giants, which started the year strong as healthy trade volumes allowed the industry to boost rates.
- Inbound containers to the Port of Los Angeles plunged 26% in March, Singapore’s container throughput dropped to its worst reading since August.
- Some...
http://mfame.guru/container-shipments-set-to-fall-30-a-setback-for-shipping-giants/