Container Management Key To Profit Amidst Lower Demand

Capt. John
  • 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/

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