Realties of Declining Global Trade and Transport Rates More Evident
Supply Chain Matters
FEBRUARY 23, 2023
Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.
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