Box sector ‘out of intensive care’
A NEW container sector analyst’s report suggests the deterioration in market conditions has “clearly stopped” despite a weak finish to 2009, although “macroeconomic variables” continue to send mixed signals about demand.
The latest SeaAxis Macro quarterly report, sponsored by container lessor Axis Intermodal, estimates that global demand should increase by approximately 8% in 2010 and then return to a historical growth rate of 10%-11% from 2011.
This is a more optimistic...
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