Carriers react quickly to transpac demand surge, but rates remain muted
Container spot freight rates on the transpacific continued to trend upwards this week, albeit at ...
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© Silvia Ganora
| Dreamstime.com
If you wonder whether the amount of new tonnage coming into the market is something that is going to sink container shipping… well, think again.
Here comes a swift, worthy reminder for your perusal.
The earnings generated by the industry since the pandemic began, are just so big that even a very bad year or two for their core businesses can easily be handled, regardless of how much (record) capacity is added to the market.
But despite the catchy (widely expected) headlines in ...
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