A 'dead cat bounce', as freight goes from rules-based to deals-based trade?
It’s not artificial intelligence we should be worrying about right now: it’s an artificial freight ...
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Fine analysis from Drewry, along with some fascinating anecdotes, on the troubles facing the Asia-Europe trade, and what solutions may be found. Rates continue to slide – carriers are aggressively quoting, while some shippers are switching from FOB terms to CIF in a bid to take advantage of cheaper rates being offered in China. Ultimately, the answer lies in cutting capacity.
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