- Container Shipping industry is vulnerable to changes in consumer spending, especially during lockdown across the world.
- The first half of this year with last, accumulated volumes are down by 6.8%, to 78m TEU, a loss of 5.8m TEU.
- Rates into the US West Coast (USWC) have risen 117.7% and rates into the US East Coast are up 47.9%.
- Secondary trades have also had falling volumes, with intra-Europe down 2.6% and Europe to North America falling 7.0%. North America to Far East is down 3.9%.
Capacity...
https://mfame.guru/container-management-key-to-profit-amidst-lower-demand/