As CNY and slack season approach, the ocean price-cutting begins
Transpacific spot rates declined for the first time in a month this week, as the ...
This week finds me finally back in Switzerland!
(Next up is Miami on the radar next month.)
Gold medal goes to the IMF, not because I am a huge fan of Gita Gopinath, but because its October forecast provides a good gauge of the transportation demand outlook. It is not happy reading, but here’s some of the highlights: “Global growth is forecast to slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023” … “ a US GDP contraction ...
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