Alphaliner has slashed its global container throughput growth estimate for this year to just 2.5% from 3.6%.
A weak first quarter and expected headwinds from the US-China trade war are taking their toll, said the consultant.
The downgraded growth prediction is edging closer to the negative view of expansion expressed by Maersk Line, which shocked investors with its downbeat forecast in February of just 1-3% growth this year.
According to data from over …

The post Gloomier picture for global container port throughput as tariff wars begin to bite appeared first on The Loadstar.

Source: The Loadstar