Reported 4 months ago
Jon Rager of Fastmarkets discussed at FreightWaves’ conference in Atlanta how the containerboard sector is now facing a pandemic-induced hangover after experiencing growth in the wake of the coronavirus pandemic. While the industry is now dealing with a slowdown in containerboard shipping and closures of large facilities due to high operating costs, there are signs of recovery with an expected increase in box shipments this year. Industry leaders are turning to acquisitions for growth opportunities, but concerns remain about the impact of interest rates on housing affordability and the construction industry.
Source: YAHOO