Global Shipping Industry Faces Order Decline Amid Economic Slowdown
The global "order drought" has led to a cooling of the container shipping market, with freight rates plummeting and shipping companies facing challenges. By optimizing routes, expanding diversified services, embracing digital transformation, and strengthening cooperation, shipping companies are expected to break through the adversity and embrace future market opportunities. The sharp decline in freight rates puts pressure on profitability, prompting strategic adjustments within the industry to navigate the downturn and prepare for a potential rebound.









