Shipping Market Rebounds As Cost Pressures Decline
FTR's Shippers Conditions Index (SCI) showed a rebound in June, primarily driven by slower diesel price increases. FTR forecasts a potential positive SCI in July, but port congestion remains a concern. Businesses are advised to closely monitor market dynamics, optimize transportation plans, strengthen risk management, and seize new opportunities in the shipping market. Focusing on cost control strategies and understanding the SCI index fluctuations are crucial for navigating the current market conditions and mitigating potential risks associated with port congestion and fuel price volatility.









