More increases on the way for Asia-Australia box rates
Hot on the heels of a rate recovery program on North and East Asia-Australia routes, carrier groups have announced imminent increases in two other inbound trades.
Members of the Trade Facilitation Agreement in the South Asia and South East Asia-Australia trade say the economic situation remains uncertain and freight rates are not covering basic operating or transportation costs.
“This is unsustainable in the long term and in...
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