Upturn cheer for gasping box lines
CASH-starved container lines are pressing ahead with a second round of freight rate rises in the Asia-Europe trades after unexpected success in lifting box revenues at the start of the month.
Several carriers have already announced peak season surcharges that will come into force next month, or are considering additional increases, buoyed by stronger cargo volumes from some parts of Asia.
Space is said to be at a premium on...
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