In 2023, the General Cargo Deadweight Tonnage in the US stood at a certain value, marking the baseline for a declining trend observed in subsequent years. The forecasts from 2024 show a consistent decrease over the five-year period leading up to 2028, with each year exhibiting a notable reduction in cargo tonnage. The compound annual growth rate across these years indicates an average yearly decline, reflecting a shrinking general cargo capacity.
Future trends to watch for include:
- Potential shifts in maritime trade policies that might impact cargo capacity.
- Technological advancements in shipping that could alter tonnage requirements.
- Economic factors influencing demand for general cargo transportation.
