The US-China trade war has seemed “positive” for transpacific shipping lines, so far, with importers rushing to beat tariff deadlines.
But there is growing concern that a prolonged dispute would leave shippers with question marks on whether to reorganise their supply chains.
APL chief executive Nicolas Sartini believes the industry should still achieve around 5% trade growth this year.
“So far it’s paradoxical, because the trade war has been rather positive for shipping companies,” he told delegates today …
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Source: The Loadstar