Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
ID 129936475 © Mr.siwabud Veerapaisarn | Dreamstime.com
By Mike Wackett
Alphaliner has slashed its global container throughput growth estimate for this year to just 2.5% from 3.6%.
A weak first quarter and expected headwinds from the US-China trade war are taking their toll, said the consultant.
The downgraded growth prediction is edging closer to the negative view of expansion expressed by Maersk Line, which shocked investors with its downbeat forecast in February of just 1-3% growth this year.
According to data from over 250 global ports surveyed by the consultant, the average growth ...
Comment on this article