Ports and Shipping - Container shippers likely to face a bumpy year ahead.

IF there was ever a year when the outlook for reliability in the international logistics system was more clouded, 2019 and into 2020 would take the prize. It could be quite a ride. In the ocean container space, certain things have changed to cloud the outlook.

One is that following consolidation of the industry over the past three years, carriers have begun behaving differently. Simply put, they are, as a group, less predictable. And that implies greater risk for shippers. Caution in ship ordering and...