Shipping container demand on the wane — PYMNTS.com

A slowdown in consumer spending might have triggered a decline in demand for shipping containers:

“The Copenhagen-based company, one of the world’s largest container shipping businesses, had expected container volumes to decrease no more than 2.5% but now sees a drop of as much as 4%. As a result, revenue sank by 40% year-on-year (YoY), from $21.65 billion in the second quarter of last year to $12.99 billion, signaling a weak global economy and a halt on imports for many companies.“

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