While the $500B global container shipping industry remains the backbone of global trade, it continues to struggle from the effects of the financial crisis nearly a decade ago. The tribulations the industry has faced over the past decade are giving way to an improved outlook in 2018. Companies that have based their supply strategy on historically low freight rates to make outsourced production viable may have to rethink their footprint in the coming years as carriers find themselves.....(click to cont.)  

The Race for Profitability in Container Shipping