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You are here: Home Archive 2010 March Weekly Edition 11th March 2010 State support ‘hindering box recovery’

State support ‘hindering box recovery’

by Janet Porter, Long Beach last modified Mar 15, 2010 10:11 AM

INTERVENTION by governments and other interested parties to prevent a major container line from collapsing could be counter-productive in the long run, delaying much needed industry consolidation.


That is the view of several senior executives who believe the container shipping industry remains too fragmented and that rationalisation is essential to take costs out of the system and improve efficiency.
“With so many players offering products that...

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