Disappearing Container Capacity
Recent forecasts and press comments suggest that the major East-West liner trades are suffering weaker growth rates than had been anticipated. The US recession has caused transpacific trade volumes to decline sharply from nearly 10% growth in 2006 to only 2.2% to North America as a whole in 2007. For 2008, it is unlikely that the Transpacific will see any growth.
Recent forecasts and press comments suggest that the major East-West liner trades are suffering weaker growth rates than had been anticipated. The US recession has caused transpacific trade volumes to decline sharply from nearly 10% growth in 2006 to only 2.2% to North America as a whole in 2007. For 2008, it is unlikely that the Transpacific will see any growth.
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INSIGHT & OPINION
INSIGHT & OPINION
INSIGHT & OPINION