US box trades recovery likely delayed to 2011

by Obsidian — last modified Apr 02, 2009 12:00 AM

One of the key drivers of an eventual recovery of the container trades is unlikely to kick in before 2011.

US containerised imports are now expected to show very modest growth in 2010 after a downgrade of earlier forecasts.

Piers Trade Horizons , which a few months ago was projecting 6.2% growth for 2010, now only expects US containerised...

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