Container volumes failed to keep pace with overall gains as ocean shipping reversed a previous-year decline in the face of headwinds that threaten its fragile recovery.
Global maritime trade increased 2.4% to 12.3 billion tons in 2023, according to the Review of Maritime Transport 2024 released Tuesday by United Nations Trade and Development (UNCTAD), which forecast growth of 2% in 2024 and average gains of 2.4% a year through 2029.
But the report warns that soaring freight costs and...
https://www.freightwaves.com/news/containers-lagged-ocean-shipping-gains-in-2023-un-report-finds