With the likelihood of industries re-shoring post-coronavirus growing everyday, Singapore’s CTI Consultancy crunched the numbers this month to translate what this might mean for the main east-west trades. CTI took 10% of the current Asia-Europe and transpacific demand and placed that into their own regional markets (Eastern Europe and predominantly Mexico respectively). This results in the overall demand for global teu*nautical miles transportation reducing by almost 4%. A 30...
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