ANALYSIS: Riding the cycles
NEWS that Grand China Logistics is considering a new weekly container service between China and Australia (Lloyd’s List DCN, May 28, 2009) has been welcomed by some in the exporting community, who have been finding recent difficulty in securing northbound space at a price they like to pay.
There’s a strong sense of dj vu for this writer who, after 20 years covering this industry, has seen this kind of cycle come and go at least half-a-dozen times.
Participants
First, artificially low freight rates during times of...
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