NewsAgeing inventories defeat shipping lines’ GRI plans

May 19, 2023by 0

US container import volumes fell by 21% in April, compared with the same month of last year, according to the latest analysis by consultant John McCown – and there are no signs of an early recovery in demand.
The Port of Los Angeles, for example, saw its import container throughput collapse by a quarter last month to 343,688 teu, from the elevated highs of a year ago, when at times there …

The post Ageing inventories defeat shipping lines’ GRI plans appeared first on The Loadstar.

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