China reopens after Lunar New Year, box rates plateau

Capt. John

GEOPOLITICAL uncertainties are reshaping the supplier strategies of companies internationally, reports Hellenic Shipping News Worldwide. According to Container xChange’s survey in February 2024, 63 per cent of respondents are seeking to diversify their supplier base, while 37 per cent are aiming to reduce their number of suppliers, a response to the Covid scare’s lingering effects. Ongoing geopolitical tensions in Eastern Europe and the Middle East have caused shifts in trade patterns,...

https://www.seanews.com.tr/china-reopens-after-lunar-new-year-box-rates-plateau/199827/

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