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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Southwest Airlines sees no impact on demand from the fare increases, but is looking to expand its premium offerings
US Postal Service signs multi-year agreement with DHL unit
There are some flights to the Middle East that have resumed but there is still disruption.