Container Cargo Market Hot Amidst Covid 19

Windfall profits, cargo congestion, freight rate inflation, fleet expansion acceleration – welcome to life in the global marine cargo supply chain circa May 2021.
It’s also a continuation of that life from mid-2020, when the sudden spike in transpacific trade caught every link.
In that chain off-guard after 2020’s first-half pandemic torpedo hit the world’s container cargo fleet.
Highly volatile marketplace that has been suffering from chronic overcapacity issues and cutthroat freight rate...