Sea-Intelligence reported that according to June 2023 demand data by Container Trade Statistics (CTS), this is the fourth month in which the global collapse in demand growth can be said to have halted.
However, Alan Murphy, CEO of Sea-Intelligence explains that “from a supply chain perspective, we also need to account for the travelled distances, hence why we prefer to measure demand in TEU*Miles. Even though the demand collapse in TEU*Miles halted in February 2023, it cannot be said to have...
https://container-news.com/sea-intelligence-reports-sustained-halt-to-demand-collapse/