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Logistics managers trying to make sense of the recent disruptions in the ocean cargo marketplace may expect more change to come, say industry analysts.

According to a new report issued by The Boston Consulting Group, container lines must also adopt future strategies for enhancing their performance in a commercial environment characterized by declining demand.

The BSG report – Sailing in Strong Winds: The New Normal in Global Trade and Container Shipping – comes in the wake of Hanjin’s bankruptcy and the newly announced formation of a Japanese carrier conference comprising that nation’s three largest players.

The report in some cases, overstates the obvious: Demand for containers picked up during 2014, but by the end of 2015, average global growth in the container-shipping trade was a disappointing 1.9%.

Read the rest of the article from: SupplyChain24/7