Subscribe to RSS feedAsia-Europe freight rates head back up
by
Janet Porter, London
—
last modified
Feb 15, 2010 10:06 AM
FREIGHT rates on certain container routes ended last year at levels above the 2008 average after more than doubling in the latter stages of 2009.
That represented a remarkable turnaround from conditions in the early months of last year when rates were in freefall as trade collapsed in the wake of the global banking crisis.
By December, many rates had bounced right back, according to...
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