Extended supply chain woes to pump carrier profits.

Byline: S. Kamal Hayder Kazmi

Supply chain turmoil will last longer than thought, forcing big upgrades to container freight rates and carrier profit forecasts in Drewry's latest Container Forecaster report. A longer than anticipated period of supply chain disruption has forced Drewry to once again raise our forecasts for container freight rates and industry profitability in the latest edition of the Container Forecaster. While the container shipping network is clearly under intense pressure, a lot of goods are still getting through (eventually). Drewry expects world port handling to increase by...