'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 ...
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By Mike Wackett
Hapag-Lloyd has posted a net profit of $1.45bn for the first quarter of the year, compared with just $27m for the same period of last year.
But it said it could have done even better, but for vessel and box shortages.
Revenue was up 33% on Q1 ...
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