Odd Lots

Shipping Rates Will Probably Dip Below Pre-Pandemic Levels, Barclays Warns

Good news for inflation but not for the shipping industry itself.

An A.P. Moller Maersk A/S container ship offshore from the Port of Wilhelmshaven in Wilhelmshaven, Germany.

Photographer: Krisztian Bocsi/Bloomberg
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No one does cyclical quite like the shipping industry.

After enjoying years of record profits in the aftermath of the global pandemic, the shipping industry now looks set to experience a sharp reversal.