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Lloyd’s Loading List asks an interesting question: what data can be used to give an accurate snapshot of the state of the freight business? In these torrid times, the Baltic Dry Index is more a reflection of continuing overcapacity in shipping; likewise the various container freight rate indices. Meanwhile, there’s nothing remotely comparable for the air and land markets. The answer? Step forward the humble cardboard box. If you want to know where the economy is heading, check out cardboard box production figures.
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