Growth in global container demand dries up as trade war heats up

Global container demand growth slowed to just 1% over the first nine months of the year, as the US-China trade war put the brakes on liner expansion.
According to the latest review of the container sector by Bimco’s chief shipping analyst, Peter Sand, this sluggish growth compares with a much healthier 3.8% for the same period last year.
“The slowdown in demand is showing no signs of easing, and should the latest …

The post Growth in global container demand dries up as trade war heats up appeared first on The Loadstar.

Source: The Loadstar

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