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Boosted by six new services in the second quarter, double-digit cargo growth on the Asia-US east coast tradelane is continuing – although the premium rate differential enjoyed by ocean freight carriers over the Asia-US west coast is eroding fast.

According to Drewry, the Asia-USEC route is in a period “of intense change”, due to strong eastbound demand, a changed alliance structure and new services.

The consultant said, however, there was a missing ingredient in the development of the tradelane: some form of ...

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