Slipping of container shipping prices for 13 years, with increased supply and tariffs on the market
Global container shipping rates extended their losing plan this week, as the Drewry World (WCI) container decreased by 3 % to $ 2044 per container 40 feet. This represents the thirteenth weekly decrease in a row, highlighting the constant pressure from increasing supply and unconfirmed commercial demand. Also read: 56 % container shipping profits are…