As the retail industry across Europe and North America begins to effectively shut down as governments enforce widespread social lockdown, there are increasing warnings that the container shipping industry is set to see some of the largest declines in volumes in living memory.
According to liner analyst SeaIntelligence Consulting, the possibility of a 10% decline in global container shipments – which would equate to 17m teu carried by the world’s box …
The post Coronavirus may lead to ‘largest decline in shipping volumes in living memory’ appeared first on The Loadstar.
Source: The Loadstar
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