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The financial crash and the subsequent credit shrink caused a drastic reduction in global trade, against a large capacity increase from previous years’ aggressive new building, leading to an unprecedented large gap in the supply demand balance. Worse still, some carriers continue to chase market share as their primary business objective
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Peter Tirschwell
Headed to Europe today for meetings all week with carriers, 3PLs, analysts. Looking to get a read on Asia-Europe & other container markets
May 20, 2012 6:50PM GMT
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