Continuing consolidation in liner shipping and ports is likely to keep freight rates high in the future, according to the United Nations Conference on Trade and Development (UNCTAD).
But at a press event to launch its annual Review of Maritime Transport, the body warned that these factors are also robbing developing nations of influence over costs.
Shamika Sirimanne, UNCTAD’s director of technology and logistics, said its research is projecting 2.1%
