COVID induced a booming trade, surging rates and a short supply of boxes — UNCTAD

Pictured: a United Nations building with flags. Photo: Mathias P R Reding via Unsplash..

Much of the current state of the world shipping industry can be pinpointed to one key driver: COVID.

In a new policy brief, the UN Conference on Trade and Development has confirmed that there has been an increased import demand for manufactured consumer goods, “a large part of which is moved in shipping containers”. The UNCTAD also notes that the lessening of lockdown measures, varying recovery worldwide,...

https://www.shippingaustralia.com.au/covid-induced-a-booming-trade-surging-rates-and-a-short-supply-of-boxes-unctad/

Leave a Comment