Rates Slide, Contracts Wait

Bill Mongelluzzo | May 25, 2009 4:00AM GMT
The Journal of Commerce Magazine - News Story
With trans-Pacific spot rates diving, service contracting now is a high-stakes game of chicken for shippers and carriers

Dave Akers checks the spot rates for shipping containers from Asia to the U.S. first thing every morning. The managing director of the Toy Shippers Association expects to maintain this vigilance for


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