Which of these two is happier? Someone who wins $3 million in the lottery then blows $2 million in Vegas, or someone who wins $1 million in the lottery and puts it in the bank?
Containerized cargo shippers face the reverse emotional scenario. Who’s more content? A shipper who’s used to paying $1,500 per forty-foot equivalent unit and suddenly sees rates quintuple to $7,500? Or one who paid $1,500 per FEU for years, suddenly got slammed with crippling rates of $20,000 per FEU including premium...
https://www.freightwaves.com/news/container-shipping-rates-still-falling-what-will-be-the-new-normal