Container trade economics – what to look for now
Making sense of a fools’ game
Shippers exasperated by a reduction in container lines’ service quality and reliability suggested to delegates at this weeks TOC Container Supply Chain event in Singapore that carriers could benefit from providing more bespoke container services and concentrating the capacity management efforts on secondary trades.
John McCauley, vice president of transportation and logistics at Cargill, which books around 150,000 teu each year, said that while carriers’ focus had largely been on introducing ultra-large vessels on the main Asia-Europe and transpacific trades, his company saw far more growth on north-south ...
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