Subscribe to RSS feedBox lines brace for US$68bn hit as rates dive again
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Obsidian
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last modified
Feb 27, 2009 12:00 AM
by Lloyd's List in London 11:04AM, 27 Feb 2009
Container lines could see a staggering US$68bn wiped off their global revenue this year if freight rates stay around this week's record lows.
The figure represents almost a third of industry income in 2008 and follows a plunge in...
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