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Things get worse for hanjin

A recent research conducted by London-based Stroller Maritime Consultants stands beside many of the findings contained in this year’s “State of Logistics Report,” but adds that ocean cargo shipper expectations look to be modest at best. Almost half of the shippers who responded to the survey said that they expect volumes for the third-quarter peak…

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As noted in LM ocean carriers have taken the unprecedented step of removing capacity in key trades ahead of the peak season in a bid to support freight rates, suggesting their short-term demand forecasts were telling them much the same story. While the ratio does vary for some specific companies, the third quarter of the…

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Almost half of the shippers who responded to the survey said that they expect volumes for the third-quarter peak season to be the same as they were last year, while another third of them anticipates lower volumes…