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‘Outlandish Profits’: Cargo Carriers on Track for ‘Eye-Watering’ Earnings This Year

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Supply chain turmoil will last longer than many thought, forcing significant upgrades to container freight rates and carrier profit forecasts, according to Drewry’s latest “Container Forecaster” report. A longer-than-anticipated period of supply chain disruption has forced Drewry to again raise its forecasts for container freight rates and industry profitability in its latest forecast report. Port…

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