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Asia Pacific Containers Ports and Logistics

Mixed views on box shipping prospects as Cosco profits hit new high

The box shipping and port arm of state conglomerate China Cosco Shipping Corp expects its net profits covering July-September to reach $4.7bn

  • Analysis

US retail inventory has returned to pre-pandemic levels, while consumer spending on goods has shown signs of a dip. Slowing cargo demand could release more carrying capacity. This could mean that freight rates lose their main support from the logistics bottleneck at some point next year 

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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