Trans-Pacific container lines got a reprieve from sliding freight rates this week when they put a general rate increase into effect on May 21, but freight rates are likely to continue to slide in the major east-west trades because some carriers continue to slash rates after repeated GRIs in an effort to gain market share.
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PeterTirschwell said: Well deserved recognition to merchant mariners who served bravely in WWII http://t.co/cInFvcEVDg
PeterTirschwell said: Jeffries: "weak fundamentals in container shipping are unlikely to support the turnaround" pitched today by Japanese shipping companies
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The Port of Virginia is aiming to boost container traffic by capitalizing on its post-Panamax draft, tapping improved intermodal service, increasing customer service and developing distribution centers.














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