Annual Review & Outlook 2014: China Shipping (North America) Holding

There’s an old American saying, “There’s an elephant in the room.” It’s big, everyone sees it, and they know it’s there, but not sure anyone will do anything about it. In ocean carriage, either capacity is being ignored or it’s simply going unaddressed. Shippers can enjoy the short-term benefits but aren’t really sure what the long-term effects of excess capacity might bring.

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