Shippers must pay a heavy price for capacity, as 'ships are filling up'
The capacity crunch following carrier decisions to veto Red Sea routes will leave shippers with ...
Forecasting future container shipment volumes is set to get even harder after recent Sea-Intelligence Consulting calculations revealed that the much-venerated relationship between box traffic and GDP trends appears to have been utterly broken.
Reality
“As of August 2023, global demand has a shortfall of 6.8% compared to a growth pattern which would have followed global GDP growth. This is not good for the carriers, which are in the process of taking delivery of a sizeable orderbook,” Sea-Intelligence chief executive Alan Murphy wrote ...
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