They’re a measure of the goods-based economy.
Converting them to freighters is a booming business, but overcapacity looms.
This is why the trucking business is so cyclical – and you can see it coming.
But the cost of shipping surges, no holds barred.
It’s cyclical: When will the biggest-ever boom end?
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.