Well all dem people's were just like Make EVERYTHING IN USA CANADA. Why are we supporting Communists and Russians
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Originally Posted by Badhobz
We just had a big conference between all the port authorities last week and volumes are down ~35% since last year.
"Peak" season might not even happen this year as most warehouses are still full inventory bought during the pandemic and consumers have lost the appetite to purchase crap. We can thank inflation and high interest rates for this lack of demand.. now people are too worried to go into debt.
Shippers/importers and even carriers are talking layoffs if this trend continues.
What doesnt bode well for shipping, means the economy is stagnating and the jobs market is shrinking.
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