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You are here: Home Archive 2012 July 05 Glimmers of hope for lines as rate hikes stick

Glimmers of hope for lines as rate hikes stick

by Lloyd's List last modified Jul 05, 2012 12:39 PM

Drewry’s latest Container Forecaster points to “higher freight rates for carriers in 2012 and 2013” and “improved prospects for sustained profitability.”

In the report, Drewry says that “the recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes,” means that most lines “are now operating above breakeven.”

However, it highlights the fact that two dangers remain:...

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