Carriers keep the price pressure on – a 'shock and awe' PSS the standout
Container spot freight rates on the transpacific and Asia-Europe trades rose for the sixth consecutive ...
ID 335945514
© Panuwat Dangsungnoen
| Dreamstime.com
Some of the latest economic and trade data continue to suggest that the relationship between GDP and freight volumes is more distant than ever.
We have discussed before how broken the hitherto strong relationship between GDP and container teu numbers has become in recent years, and recent data suggests it is no closer to being repaired.
In October, the International Monetary Fund (IMF) revised its global GDP growth for 2024 to 3.2% and the same for next year. In global terms, these ...
Comment on this article