Wave of container capacity predicted to drag down trans-Pacific rates

JOC Maritime News

Wave of container capacity predicted to drag down trans-Pacific rates

| Oct 14, 2015 11:23PM EDT
Contract freight rates on the trans-Pacific trade are going down — “probably by a lot” — as huge amounts of capacity flood into the market, industry veteran Rod Widdows told delegates at JOC’s TPM Asia Conference in Shenzhen Thursday morning
Maritime News

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