Subscribe to RSS feedTrading figures point to gloom for shipping
Factories from China to India, Europe and the US slashed output and jobs in December, according to the latest swathe of government statistics, casting an even darker shadow over a container sector already plagued by record low freight rates on the key Asia-Europe trades, reports Reuters.
US factory activity fell to a 28-year low last month according to a report from the Institute for Supply Management that showed a contraction that was more severe than expected.
The ISM index of US national factory activity fell...
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