Freight charges

Maersk Predicts 2.5% Global Trade Contraction In 2023

Credit: guillaume-bolduc-unsplash
  • The ‘overconsumption of goods’ is now leading to a ‘sharp correction’ in demand, the Danish company said in a report.
  • A.P. Moller-Maersk A/S, a bellwether for global trade, said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year.

Maersk sees global trade contracting as much as 2.5% in 2023, states a Money Web news source.

Shipping market has normalised after two years

The shipping market has normalised...

https://mfame.guru/maersk-predicts-2-5-global-trade-contraction-in-2023/

$14,000 To Ship a Container To the UK, But the Usual Price is $2,500

  • The founder of start-up Houseof.com, which imports lighting from China, says the rise in shipping costs means she’s making a loss on what she sells.
  • The six-fold increase in shipping costs is hard to take, especially when getting hold of a container “is like gold dust”.
  • The really unfortunate thing is, the small businesses who can’t afford to pay those rates are going to go under as a result.
  • To be honest it is very difficult to survive if shipping things at this kind of cost continues.

Vivienn...

https://mfame.guru/14000-to-ship-a-container-to-the-uk-but-the-usual-price-is-2500/

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