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With global shipping rates dropping dramatically, do you think the shipping industry is going into a recession?

Logistics Shipping
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Question added by Ashraf Al Jaafari , Integrated Shipping Manager , Amin Kawar & Sons co
Date Posted: 2017/01/18
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ibrahim abdallah
by ibrahim abdallah , Audit Manager , Raja School

True, shipping industries faces some troubles but it will affect only the big carrier because of their overhead and investment but the medium and small size company can adapt to this new situation easily and still make money.

MADAN MOHAN GAJULA
by MADAN MOHAN GAJULA , Material Coordinator , Sadara Chemical Company

No the shipping industry is not really in recession

hamdan alzyod
by hamdan alzyod , Middle School English Teacher , Ministry Of Education - Jordan

ٍShipping industry as other different fields of industry sometimes dropping down but that doesn't mean it is going  into a recession. because shipping is the breath of global industry .

Deleted user
by Deleted user

Not really shipping industries will go into recession but there will be high risk for small freight forwarding company to survive in this market with low margin

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