Global box growth comes to a standstill
CTS data reveals volume growth halted in August to buck the positive trend of healthy box numbers in 2018 so far. Strong growth on the transpacific and transatlantic trades was unable to offset poor performances elsewhere, while news that the CTS global freight index lost ground will do little to lift the mood of carriers
Despite August’s disappointing numbers, year-to-date volume growth on the world’s container trades still stood at 3.5% come the end of the month, according to CTS
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