GDP and container growth, a relationship at an end?

© Diego Vito Cervo | Dreamstime.com - Business man with shipping containers

After the swingeing downwards revisions made to trade forecasts in our third-quarter 2016 container market outlook, our fourth-quarter report has seen only marginal adjustments. Unfortunately, however, marginal adjustments are utterly insufficient to dig the industry out of the colossal hole it finds itself in.

Trade growth is living down to our expectations, and rather than 2016 being the year where the industry saw some sort of recovery it is now feared that, instead, it marks a new normal where growth in ...