Carriers’ High Level of Profitability: Main Driver of Inflation

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A Sea-Intelligence news  source deals with carrier profits: limited inflation impact.

Profitability was the main driver 

During the freight rate peak in 2021-2022, there was quite often levelled criticism that the carriers’ high level of profitability was a main driver of inflation. At its peak, freight rates were a little over 200% higher than in the comparative period in 2019. For the shipping lines, their combined 2021 and 2022 profits were more than 400 billion...

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