According to a Freight Waves article written by their Senior Editor Greg Miller, there could be a hard landing when the container boom finally ends.
The Year End BoomAs 2020 draws to a close, the world’s container-shipping network is bursting at the seams.
- The Shanghai Containerized Freight Index jumped again last week, to another all-time high.
- There’s market chatter of all-in Asia-West Coast rates (including premiums) of over $8,000 per forty-foot equivalent unit (FEU) and Asia-East Coast...
https://mfame.guru/container-shipping-boom-to-continue-in-2021-or-is-the-party-over/