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News / Peak season a let-down for China-US carriers as ocean rates continue to slide

Overview of Kaohsiung Industrial Port
Yali Shi | Dreamstime.com
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After eight consecutive weeks of declining spot freight rates on the headhaul legs between China and the US, the remainder of this year’s peak season is set to be worse for carriers than the corresponding period in 2016.

According to the Freightos International Freight Index, last ...

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