Goldilocks and Seeds of Wisdom Report: 2023 global shipping trends and the route to 2024- Logistics Middle East“According to Container xChange’s Trends and Impacts annual report, the sector has been largely influenced by the comparatively subdued growth in container demand, driven by a host of adverse economic influences, including surging inflation, heightened interest rates, and consequent shifts in consumer spending patterns.” The shipping landscape has changed significantly along with consumer sentiment. At this time, consumers have cut their spending on non-essential goods by 74%, and it is expected to carry on into 2024. Uncertainty about the global economy is forcing many…
Romeo Full Staff
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