Habben Jansen hopes Christmas trade can give carriers a needed lift

Hapag-Lloyd’s CEO puts his faith in the need among companies to fill up their inventories ahead of Christmas trade in the second half of 2023.

”We see many of the spot rates, especially on the east-west trades and Asian export trades, that are below costs," says Hapag-Lloyd's CEO, Rolf Habben Jansen. | Photo: Hapag-lloyd

by JENS THOMSEN

A collapse in freight prices has struck the major carriers like a torpedo, but Hapag-Lloyd’s chief executive officer eyes better days ahead once companies start filling their inventories with goods in preparation for holiday shopping.

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