Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
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By Alex Lennane
The Transpacific Stabilization Agreement is a mystery to all those modes and trade lanes which don’t enjoy the same antitrust rights. Here is an interview with the TSA chief, Brian Conrad, who explains that transpacific shipping lines can’t continue to ply their routes on 2012 rates, and airs concerns about overcapacity and continuing uncertainty on trade policy.
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