Meltdown in the Container Shipping Market Continues

November 8, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

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Pope's return from Spain delayed due to technical issues with the plane
EU agrees to continue compensating passengers for delays in flights
There are some flights to the Middle East that have resumed but there is still disruption.