Ocean carriers are enjoying a bull run of profitability, thanks to demand spikes and inflated freight rates, and now there is a unique opportunity for them to break out of the boom-and-bust industry cycle.
According to consultant AlixPartners’ 2021 Container Shipping Outlook, “the fundamentals that would support a breakaway from that cycle are in place”, adding: “Long the sick man of the transport ecosystem, the container shipping industry stands on the brink …
The post How box lines can break free of the ‘boom-and-bust treadmill’ to stay profitable appeared first on The Loadstar.
Source: The Loadstar
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