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Elroy Jetson

02/09/23 9:12 AM

#104800 RE: jbsliverer #104799

Inflation caused by the post-pandemic shipping restart is just about fully deflated. More ships on delivery will return things completely back to normal. Very good.


Maersk said freight rates fell by nearly 25% in the 4th quarter, and will end a vessel sharing alliance with Swiss-based MSC in 2025, resulting in increased competition between the world’s two largest container shipping companies.

Maersk has been buying up warehouses and distribution centres to offer an end-to-end transportation service rather than just container shipping to keep costs down.