Positive start for 2010 as Asia-Europe box rates rally
FREIGHT rates in the Asia to Europe box trades are powering ahead as stronger demand catches both forwarders and shippers off guard, but are still less than half those that container lines were charging in the heady days of 2007.
Recovery is at a very early stage and remains extremely fragile, but senior industry sources say that 2010 has started “very positively” for those lines in the Asia- Europe trades after the collapse in rates to record lows in the...
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