Lack of confidence among exporters hitting air and ocean freight
Continuing mix of geopolitical tensions and economic uncertainties mean many businesses remain reluctant to re-invest in strengthened production, notes Bolloré Logistics, although ocean freight demand remains relatively robust on Asia-Europe, Europe-North America, Asia-Africa and intra-regional trades
Exporters of maritime cargo face additional questions arising from IMO 2020 rules requiring shipping lines to cut sulphur emissions next year