'Desperate' GRIs by carriers prop up Asia-Europe spot rates, for now
Container shipping lines on the main east-west trades this week managed to reverse 15 weeks ...
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By Alex Lennane
Shippers are exploiting the gap between forwarders and shipping lines, according to this interesting analysis by Transport Intelligence. Pointing to the discrepancy between Hapag-Lloyd’s claim that it couldn’t make rate increases stick, and DP-DHL’s counter claim that the box lines are controlling the market, author Thomas Cullen suggests that this means shippers are playing them off against each other.
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