Rising costs: A container ship passes by Keelung Port, Taiwan. Global uncertainty, including attacks in the Red Sea, have kept container shipping prices high even after falling from pandemic peaks. — Reuters
MARCH is the traditional low season for the global logistics industry after the Christmas shopping period passes and Lunar New Year shutdowns in January and February result in fewer goods coming out of factories in Asia.
It’s also the time when ship operators, importers and freight forwarders sit down to discuss long-term contracts.
