Outlook for container shipping 'more uncertain now than at the onset of Covid'
Shippers are advised to prepare for “difficult operational and shipping conditions” as maritime analyst Drewry ...
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Fears of a global recession have grown increasingly acute as 2020 has got underway, and were underlined this week by the publication of the annual emerging markets logistics index.
Around two-thirds of respondents to the survey, which forms the basis of the index, said they thought recession was likely this year as the global economy continues to struggle with shocks and fears of higher trade barriers haunt cross-border supply chains.
However, Essa Al-Saleh (pictured above), Agility chief executive, told The Loadstar today ...
Comment on this article
Derek Jones
February 14, 2020 at 3:47 pmWhen will people learn that recessions are a self-fulfilling prophecy? You predict one and – guess what? Having scared everybody into keeping their money in their pockets for the rainy day that wasn’t coming, you get . . . . a recession.
Do YOU think we’re going to have a recession? OK, do us all a favour and keep it to yourself.