Trade News > Maritime News > Cutting Rates, Raising Efficiency

Cutting Rates, Raising Efficiency

Bill Mongelluzzo | Nov 7, 2011 5:00AM GMT
The Journal of Commerce Magazine - News Story
With lower rates on the horizon, ocean carriers say operating efficiency is the best route to market stability

Amid projections the shipping industry in 2012 will face another year of weak cargo growth and overcapacity, APL does not foresee carriers having much leverage in service contract negotiations next spring. Eugene Seroka,


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