Newsfeed Update
The Breakbulk Shipper Index just dropped again. Three months of decline in a row.
The index fell to 97 in May, down 26 points since March. Analysts do not expect a fast turnaround in multipurpose vessel capacity trends.
A softening index does not mean project demand has vanished. It means the conditions shippers plan around are shifting month to month.
At Transcar, volatility is the reason a plan needs contingency, not a reason to simplify it.
Navigating an unpredictable shipping market? Let us talk about your contingency plan.
Originally shared by Transcar Projects on Facebook.