Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
Now, I don’t know if this earnings season has been good so far because oil prices plummeted, or because supply chain affairs may have become easier to predict after AP Møller-Maersk Group (APMM) and Hapag-Lloyd didn’t deliver any nasty surprises earlier this month. But I know that CMA CGM’s third-quarter update, due today after the bell, could be the long-awaited cherry on the cake in container shipping.
Growth should be present, and lots of it ? but there are several ...
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