News / US consumer demand for goods and low inventories will keep freight rates high

Consumers in the United States, and the country’s low retail inventories, could keep freight rates elevated, even post-pandemic.

According to Alan Murphy, CEO & partner at Sea-Intelligence, a resurgence of consumer spending on services in favour of physical goods, won’t necessarily put a dent in the record freight levels seen during the Covid-crisis.

He said, during today’s TOC Asia webinar: “When US consumers can move their spending back to services, they’ll take the opportunity, so it’s true the immediate demand for physical ...