15 August 2023
Freight News

What the TEU Tea Leaves Are Telling Us: This Peak Season Could Be Less Than Ideal

There’s new data out on China, and some people say they are “shocked” and “surprised” the country’s manufacturing is hurting. At this point, you want to ask businesspeople who admit this if they are living under a rock. Since June 2022, manufacturing orders have been down 30% to 40%.

We are now in peak season and, as all logistics data has shown, it is not going to be stellar. This year’s logistics cycle should be called “peaked season.”

Read more in an article from American Shipper.

 

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