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News / Christmas cheer for east-west box carriers from rate hikes, but will it last?

CMA CGM BENJAMIN FRANKLIN - Copyright Port of LA 2
Port of Los Angeles
By

Container shipping spot freight rates on the chief east-west trades turned a corner this week, with near double-digit gains on the transpacific and ;Asia-North Europe headhaul legs.

After the best part of a year in the rate doldrums, transpacific carriers were finally delivered some pre-Christmas cheer ...

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