Realties of Declining Global Trade and Transport Rates More Evident
Supply Chain Matters
FEBRUARY 23, 2023
The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts.
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