Søren Toft expects "difficult quarters" with market normalization and weak economy
The chief executive of MSC, the world’s leading container line, predicts that falling rates and economic uncertainty will create difficulties for carriers. However, MSC expects to continue its activities on land and within air freight.
by JENS THOMSEN
MSC CEO Søren Toft sees hard times ahead for container shipping as the market approaches normalization and with a global economy marked by growing inflation, high interest rates, and expensive energy.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
