Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
With the Red Sea crisis continuing to artificially prop up container spot rates, carriers have ...
It’s reprehensible but consistent with free market theory – Milton Friedman’s pencil sourcing, anybody? – that most supply chain actors, spearheaded by the major container shipping lines, seem unable to acknowledge the damage they do to the consumer.
Their own stratospheric profits taken from our pockets rather than straight from their own clients’, while preferences shift.
Barbecue Biden, sirloin & salmon
With the side effect to propel systemic demand/supply imbalances (click below to expand the screen grab, sourced from Zero Hedge)…
… higher (albeit ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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