'Pay to play' is back as shippers face a 'brutal shipping environment'
Forwarders are warning that the recent recovery in spot rates on the transpacific and Asia-Europe ...
© Olivier Le Moal
By Mike Wackett
As mainhaul voyage results decline significantly and more ships are taken out of service due to the collapse in demand, ocean carriers may be obliged to downgrade their outlook for the year.
The speed of the demand slump has blindsided carriers confident of the integrity of ...
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