The global container industry modestly improved in 2017, but still needs to address the dual challenges of rising costs and oversupply -- driven mostly by fleet expansion -- to keep the momentum going.
That is the conclusion of turnaround specialist AlixPartners in its annual review of global container shipping.
It warns that the liner industry remains in “the danger zone,” as measured by its Altman Z-score — a formula for predicting the likelihood of a bankruptcy.
