With the world in the midst of the coronavirus pandemic, the shipping industry is already feeling the impact as the global economy heads into a deep recession. Hundreds of ship sailings have been ...
Since global shipping peaked during the coronavirus pandemic ... the Federal Reserve to acknowledge the so-called "freight recession". The Drewry World Container Index, which tracks container ...
fuel doubled in price and the shipping industry faced a trucking recession that began in spring of that year, FreightWaves reported. By July 2023, the industry had a 96% increase in registered for ...
The shipping industry is one that enjoys precipitous highs – the industry expanded exponentially for nearly a decade from the late 1990s, benefiting from the rise of China as a great maritime trading ...