Cargo Shipping Rates Hint at Good Christmas Season for U.S.

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By Trey Thoelcke Published
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Bloomberg points out the shipping prices show that the Christmas season should be good for retailers in the United States but bad for those in Europe.

The shipping lanes of the Pacific and Indian Oceans show the diverging fortunes of U.S. and European consumers ahead of the busiest shopping season of the year.

A.P. Moeller-Maersk A/S (MAERSKB), the world’s biggest container line, is among carriers raising rates on Asia-U.S. routes as three-month-high consumer confidence and job growth at the quickest pace in five months tempt retailers to stock up ahead of the holiday-shopping rush. By contrast, shipping lines are cutting capacity to Europe.

“Christmas will come to America, but probably not to Europe,” Soeren Skou, chief executive officer of A.P. Moeller-Maersk’s container-shipping arm, said in an interview.

Douglas A. McIntyre

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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