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Navigating Stormy Seas, Ocean Freight Outlook Cresting

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

The forecast for ocean container freight presents a somewhat choppy and uncertain but surprisingly robust horizon. A new report from the United Nations Conference on Trade & Development (UNCTAD) expects global maritime trade to plunge 4.1 percent in 2020 due to the unprecedented disruption caused by Covid-19. In its “Review of Maritime Transport 2020” report,…

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