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Idled Ships, Empty Containers. Ocean Shipping Faces Its Biggest Slump in Years.

Listen to article (2 minutes) LONG BEACH, Calif.—Global shipping executives are

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(2 minutes)

LONG BEACH, Calif.—Global shipping executives are wrestling with plunging exports, falling freight rates and mounting suspense over whether the industry is headed for a price war in a reversal of the soaring demand the industry saw during the pandemic.

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Idled Ships, Empty Containers. Ocean Shipping Faces Its Biggest Slump in Years.