The Sick State of Ocean Freight
10xLogistics
MARCH 20, 2013
I do not spend a lot of time on ocean freight and I probably should spend more. Suffice it to say I know it is in a dramatic over capacity situation and has been for a few years. Recently, I read an article over at Supply Chain Brain titled: Economics 101: Did Ocean Carriers Miss The Lesson and it really brought home just how "sick" this industry is right now.
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