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News / No rate relief for ocean shippers as hopes of usual post-CNY slump sink

Aerial View Port of Long Beach Containers
Long Beach, © trekandshoot | Dreamstime.com
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Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as they look to lock in annual contract customers with rate increases of 100% or more. 

And with no sign of a spot rate decline following the ...

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