Re:Container Shipping Has Cratered
by nonethewiser on Wednesday May 24, 2023 @06:47AM
(#36056210)
Im not sure I follow… rates are the same as 4 years ago but operating costs are significantly higher. That seems genuinely difficult - if their rates dont keep up with inflation then its not a sustainable trend.
[ Parent
| on HN ]
Re:Container Shipping Has Cratered
by lost_tourist on Wednesday May 24, 2023 @03:35PM
(#36062937)
What were their rates 5, 6, and 7 years ago? what was their inflation adjust costs and profits over a decade? Did they just pluck out one year of data and say "that's what the profits we want to be making" if that year was a particularly prosperous year.