Carriers should revamp networks rather than blank services as demand drains
Ocean carrier schedule integrity may be improving, but last-minute blanking of advertised sailings is, arguably, ...
ID
19562259
© Andreykuzmin
|
Dreamstime.com
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 ...
Comment on this article