Freight rates may return to growth, says Maersk
by
Jim Wilson
—
last modified
Nov 27, 2009 09:57 AM
THE CONTAINER market will return to growth next year and freight rates may rise as carriers curb capacity increases, AP Moller-Maersk said last week.
Container volumes are likely to grow by 3% to 8% in 2010 as the market emerges from the first year of contraction since containerisation went global in the 1970s, Maersk Line chief executive Eivind Kolding said.
“The trends are...
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