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BBCNEWS World Business Report June 4, 2024 04:52:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:52:00

$14,000. since then the prices slumped by half, the same container will now cost you around $7,000. that's despite the soaring rate of inflation all around the world. we speak to peter sand, the chief analyst at xeneta which tracks global shipping prices. what can be read into this? what is it tells about the state of the global economy? it it tells about the state of the global economy?— it tells about the state of the global economy? it tells us the andemic global economy? it tells us the pandemic is — global economy? it tells us the pandemic is all— global economy? it tells us the pan...

Worst Yet to Come for Container Shipping's 'Dramatic' Spot Rate Collapse - Vimarsana News

Worst Yet to Come for Container Shipping's 'Dramatic' Spot Rate Collapse

By Mike Wackett (The Loadstar) – Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the vessels that operate them, to stop the extraordinary haemorrhaging...

Cargo Shipowners Cancel Sailings, Container Spot Rates Plunge Amid Reversal In 'Bullwhip-Effect' - Vimarsana News

Cargo Shipowners Cancel Sailings, Container Spot Rates Plunge Amid Reversal In 'Bullwhip-Effect'

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Container Shipping Market: Plunging Rates And Blank - Vimarsana News

Container Shipping Market: Plunging Rates And Blank

Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates…

Cancellations of ocean freight sailings rise - Vimarsana News

Cancellations of ocean freight sailings rise

Weakening demand is causing a significant increase in the number of planned shippings being cancelled in October 2022, according to Xeneta. With demand for [...]