Trade growth getting stronger, but ocean freight rates stay flattish
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the ...
Tomorrow will see container shipping lines look to impose the latest general rate increase on the Asia-North Europe trade, in another effort to swing their finances back towards profitability. Perhaps more importantly, the GRIs could have a significant effect on contract rates for 2014, as this analysis from Drewry illustrates.
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