Annual Review & Outlook 2014: Cosco Americas/Cosco Container Lines Americas

The last few years have seen disastrous financial returns for most ocean carriers. The international supply chain gets more sophisticated and dependent on technological advances while most carriers’ coffers have been depleted by skyrocketing costs and non-compensatory rate levels. There are some that say it’s the carriers’ own fault by offering low rates, sometimes not even requested by shippers to grow market share.

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