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Unsustainable unsustainability.
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- Author(s): Tirschwell, Peter
- Source:
Journal of Commerce (1530-7557). 2024, Vol. 25 Issue 23, p46-46. 1p.
- Subject Terms:
- Additional Information
- Abstract:
The article comments on the state of the shipping industry. Topics mentioned include the pressure faced by the industry due to unsustainability of ocean freight rates and lack of profits earned during the pre-pandemic years, the occurrence of consolidation leading to more pricing power by carriers and the difficulty of creating value within an ocean container supply chain.
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