Carrier cashflow, political friction to drive lasting change in ocean shipping: analyst

Time:2022-06-06 Popularity:732

Profits reaped by carriers during the COVID-19 pandemic will result in greaterstrategic differentiation among carriers, 

while tensions with China could causeshippers to rethink their reliance on the world’s manufacturing hub.

Moreover, steady US manufacturing, retail sales growth keeps freight demand rolling.

Increases in industrial production and retail sales in April suggest continuing strength inoverall freight demand, despite tumbling truckload spot rates.