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You are here: Home Archive 2010 June Weekly Edition 10th June The cycle returns

The cycle returns

by Dale Crisp last modified Jun 21, 2010 12:04 PM

EVERYONE was so good for so long – at least in shipping terms – and kept capacity tight so that rates might make a meaningful contribution to carrier well-being. But this is the container game, so it was never going to last for long.

That itchy trigger fingers stayed still for six or more months is either a credit to cool heads or, more likely, a measure of the fiscal fragility of lines that couldn’t afford to lose millions more scrapping over available cargo.

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