An oversupply of vessels, carrier rate wars and bleak consumer sentiment are positioned to oppress the container shipping market in 2025, experts told TPM25.
Truckload spot shipments and pricing in trade corridors such as Toronto-to-Chicago have soared since the US election, but the increases flow in both directions.
Should the Trump administration’s proposal be implemented, capacity will have to be withdrawn from the US and redeployed to where it makes more economical sense, the CEO of the world’s largest ocean carrier said.