- Ocean carriers that haul cars around the world have idled nearly a third of fleets.
- Operators try to withstand a downturn in automotive demand due to COVID-19 lockdown.
- Operators had two months of literally zero car production, especially in Europe.
- The production and sales disruption in Europe was bigger than in China.
- U.S. car sales fell 28.8% year-over-year in May to 1,128,887 units.
- Global vehicle sales to decline 22% this year, to 70.3 million units.
According to an article published in...
https://mfame.guru/car-carriers-wait-for-the-world-to-restart-from-covid-19-slump/