- If infections slow, consumers will tentatively get back to their consumption in the second half.
- This will boost container volumes and would climb off their lows.
- MSI predicts a 19% year-on-year volume drop in head haul cargo volume in the 2Q20.
- It is followed by a 1% gain in 3Q20.
- Periods of 2Q20 could be painful, featuring year-on-year declines of up to 30%.
- MSI’s volume forecast for non-mainline trades is better than for mainline trades.
- Over 20% of Asia-U.S. voyages have been canceled in...
https://mfame.guru/container-market-obtains-respite-after-a-disastrous-second-quarter/