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Photo 11366188 © King Ho Yim | Dreamstime.com

If a picture is worth a thousand words, let’s start with this recent gem of a chart from the Journal of Commerce (JOC), which shows who’s taking the winnings from the transpacific volume and rate increases – carriers or forwarders?

Obvs, it’s the carriers.

Has it always been thus?

Nope.

So…

I would love to be able to tell you that the respective market share of carriers and forwarders correlate to changes in demand or rates or port congestion levels or, I don’t know, the ...

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