Ship Freight Rates Tumble as U.S. Consumers Buy Fewer Goods

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Ship Freight Rates Tumble as U.S. Consumers Buy Fewer Goods
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The Panama Canal is running out of water, threatening the global supply chains and industries that depend on it. WSJ takes you inside the canal’s operations to understand what this means for the future of this vital shipping route. Photo: Getty Images

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https://www.wsj.com/business/logistics/ship-freight-rates-tumble-as-u-s-consumers-buy-fewer-goods-ff7fc08 It has been an anemic peak season for ocean freight haulers as container shipping rates have plunged from pandemic highs and Americans and Europeans continue to pull back on purchases of consumer goods.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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