Trade growth getting stronger, but ocean freight rates stay flattish
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the ...
The Transpacific Stabilization Agreement is a mystery to all those modes and trade lanes which don’t enjoy the same antitrust rights. Here is an interview with the TSA chief, Brian Conrad, who explains that transpacific shipping lines can’t continue to ply their routes on 2012 rates, and airs concerns about overcapacity and continuing uncertainty on trade policy.
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