Commentary: What US business post-COVID can learn from shipping post-2008

Manhattan

The focus on ocean shipping vis-a-vis COVID-19 has been on what the outbreak means to the economy and what the economy means to vessel demand and freight rates.

But there’s a different way to look at it: by focusing instead on what ocean shipping has to say about the COVID-19-era economy.

The global financial crisis in 2008-2009 differs in many ways from the current crisis. Even so, what befell shipowners in the decade after the Great Recession offers telling parallels to what U.S. businesses...

https://s29755.pcdn.co/news/commentary-what-us-business-post-covid-can-learn-from-shipping-post-2008

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