Fuse lit on supply time bomb
by
Obsidian
—
last modified
Feb 12, 2009 12:00 AM
Shipping is a volatile business. Those working in the industry are all too familiar with market peaks and troughs.
Even box shipping has always been cyclical, despite the conference system that was designed to bring some stability to the freight trades and smooth out the more extreme rate swings.
But nothing experienced in the past has prepared the...
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