Consumers in the United States, and the country’s low retail inventories, could keep freight rates elevated, even post-pandemic.
According to Alan Murphy, CEO & partner at Sea-Intelligence, a resurgence of consumer spending on services in favour of physical goods, won’t necessarily put a dent in the record freight levels seen during the Covid-crisis.
He said, during today’s TOC Asia webinar: “When US consumers can move their spending back to services, they’ll take …
The post US consumer demand...
https://theloadstar.com/us-consumer-demand-for-services-not-goods-will-keep-freight-rates-high/