As with all “bleeding edge” technologies, the challenges are huge, and it’s possible they may end up derailing the whole venture.
Overcapacity reigns as companies splurge on the largest ships, consolidation rages, no one wants to back off.
“It is a bizarre occurrence and it will not be resolved soon.”
But there’s a bottom for everything.
The ugly market-share battle in reimbursed ground transportation.
Exports are dominated by two countries, imports by three. And everything revolves around China.
“Many modes are reporting limited capacity or no capacity at any price that shippers are willing to pay.”
Its fleet of autonomous cars thus far has gone the way of the Spanish Armada, producing nothing but grief.
Years of “growth at any cost” led to accounting fraud, huge government bailouts, and murky restructuring plans.