Global container volumes seem to decline in recent months as the historic growth cycle comes to an end, according to BIMCO.
From mid-2020, global container export volumes saw strong growth and, combined with increasing port congestion, caused supply chain challenges and historically high liner operator financial results which have been the norm in the last several quarters.
However, in September 2022, box volumes dropped below the numbers recorded in the same month in 2019 for the first time...