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Container freight rate crash: agony for Carriers; bonanza for Shippers

Espresso-live Speakers
by Sakthi Prasad , Content Manager
8 May 2016

With inputs from Beroe Logistics Team

Owing to China’s manufacturing weakness and sharp slide in commodity prices, global trade flow between Asia and Europe has slowed down, leading to a crash in container spot freight rates.

Container freight rates

 

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