News / New round of GRIs for November from carriers on an uphill struggle to lift rates

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If you ever want to tell the story of Sisyphus – the ancient Greek king sentenced by Zeus to perpetually haul a very heavy bolder up a hill only to see it roll away to the bottom, as punishment for his avarice and craftiness – through the prism of the modern world, there are few more appropriate places to start than in the world of container shipping.

Last week the Shanghai Container Freight Index’s China to North Europe leg declined by ...