2023 Expectations for Ocean Shipping and the Broader Shipping Industry
MTS Logistics
JANUARY 3, 2023
After a tumultuous two and a half years, in 2023, it seems like tides are turning in shipping and a normalization which has already started might be here to stay. The definition of normalization is difficult to come by. Lower freight rates. For ocean freight rates, it is just the perfect storm to have downward pressure.
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