FOLLOWING two years of port congestions and container shortages, disruptions are now easing as Chinese exports remain slow in light of waning demand from Western economies and softer global economic conditions, logistics data show. Container freight rates, which soared to record prices at the height of the pandemic, have been falling rapidly and container shipments on routes between Asia and the US have also plunged, the statistics show, reports CNBC. ‘The retailers and the bigger buyers or...
https://www.seanews.com.tr/shipping-starting-to-turn-around-after-two-years-of-snarls/194749/