Viewpoint: Flow of trade flashing more inflation despite decreased consumer demand

Originally published at: Viewpoint: Flow of trade flashing more inflation despite decreased consumer demand - FreightWaves

“Peak season” is a term in maritime that really has lost all meaning. Since the pandemic began, the ports have been processing record volumes of containers. Inventories were wiped out when the consumer went on a gluttonous buying binge. Now the bulk buying has stopped along with purchases of furniture and appliances since consumers purchased…