global-shippers-forum-mds-transmodal

Have container shipping rates turned the corner?

Global container shipping turned a corner in the second quarter of 2022 with a fall in average earnings per container carried for the first time since 2020, according to the latest quarterly review by MDS Transmodal and Global Shippers Forum (GSF). Covid lockdowns in China suppressed the supply of manufactured goods and demand for raw materials while sentiment plummeted in consuming countries due to rising interest rates and energy prices, it ... [+]