US consumer demand for goods and low inventories will keep freight rates high
Consumers in the United States, and the country’s low retail inventories, could keep freight rates ...
SeaIntelligence’s Lars Jensen – ever-fascinating about container shipping – is featured in this free-to-view article on Lloyds List. He argues that the industry won’t have a “Kodak” moment of complete disruption. Instead, shipping will be transformed gradually. Boxes will still have to move on a ship, while the Uber model is not likely to work. But, he warns, the structural problems inherent in the industry, such as lack of profitability and overcapacity, will need to be fixed . But even then, there is no guarantee of survival. The impediment to success, he says, is not implementation of technology, but thought processes. And anyone who wants to keep information secret will not succeed.
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