High container rate volatility to enter 5th year in a row: Drewry

There have now been four or five years of huge ocean freight rate volatility, according to Drewry, which has cautioned its customers to expect little change in 2025, likely the fifth year in a row of high volatility.
Shippers need to be aware that the shipping industry will continue to be disrupted and there are risks and a need for contingency plans and active vendor management, cautions Drewry.