Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
By Mr Joy
Did you know that certain research estimates that over 75% of global trade is carried out between countries without a common border?
That’s enough to explain the importance of sea and air freight, which is arguably much greater than road and rail freight transportation for so many.
Now, having already run through vessel-related madness and widely disrupted trucking services and trends in places, let’s talk aircraft here after almost a year of joy and pain in the supply chain.
Sudden capacity shortage
As countries “locked down” their ...
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