The report says global container traffic is down 10%, no sign of a turnaround.

Xinhua Beijing, July 9 (Drewry Shipping Consultants) published a new report, said that the global container ship shipments of containers will be less than last year 27 million, reducing the amount of the United States five ports a year of container throughput,　　This year, international container shipping volume may be significantly reduced by more than 10%. "There has never been such a terrible drop in the past, we have never seen such a number," said the Taiwan economic daily, according to Ms Decker, editor-in-chief of the company's container forecast. "We expect a lot of casualties in the container shipping industry facing a black hole that is losing $20 billion trillion."　　"There is little sign that the turnaround is imminent, and the most resilient Asian-European route in the face of the global recession is now in a rather dismal business, and so far this year has eaten up the volume growth of the past three years," says Decker. The result, says Decker, is the entire container shipping industry. "We believe that businesses do not fail, merge, shrink, reduce assets and employees, so the industry's basic structure changes." "We don't see any particular positive signs at the moment, we don't want to be too pessimistic, it's just a reality," Decker said.　　"Many container shipping companies are carrying out rectification work to reduce costs, or they are operating cargo routes with other airlines," he said.　　These airlines, which belong to the Pacific Ocean Freight Agreement (TSA), have reached an "automatic principle", which has decided to increase the cost of $500 per 40 sq ft, and the fuel surcharge and port congestion surcharge, since August 10. The TSA said the average revenue per cabinet fell 1,200 yuan from last October to May this year. The Hong KONG-Los Angeles container-shipping rate has plunged 55% over the past year, according to a report quoted by Julie's shipping consultant July 3.