Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
“Now there are five to seven large [container shipping] companies in the world – there is no point in being any larger. We have estimated that further mergers would yield savings of 2%, which is not comparable to the savings achieved in previous years. It is better to concentrate on providing a better, more efficient service, because this will save well over 2 percent.” – Hapag-Lloyd CEO Rolf Habben Jansen, Q&A with The MediTelegraph, published on 14 October 2019.
Mr Jansen (pictured ...
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