Chinese exports continue to drive trade and support intra-Asia rates
Intra-Asia rates continue to be held up by Chinese exports. While a correction in Shanghai-South-east Asia ...
© Kamonrutm
By Mike Wackett
Ocean carriers are ramping-up efforts to off-hire surplus leased containers or retire their ageing boxes to reduce huge storage costs.
With the global downturn in demand, and a collapse in freight rates across many tradelanes, carriers are laser-focused on cutting costs, and storing surplus containers is ...
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