China looks ready to step in again and put a cap on ocean freight rates
China’s Ministry for Commerce is again looking to step in to stabilise the container shipping ...
Last week, business advisory AlixPartners issued a report on the challenges and opportunities faced by the container shipping sector. The usual suspects of overcapacity and rate pressures rear their ugly heads. So too, however, do positives, including recognition among carriers that have led to improved synergies. Laying out the report’s findings, Logistics Management notes that fundamentally, the industry needs a sense of “capacity discipline”.
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