Ocean Carriers Go on the Offensive
(ifw – Mike Wackett)
Shipping lines are hitting shippers with a succession of price rises in a bid to return to profit
Ocean carriers are going for the burn, hitting shippers with wave after wave of general rate increases in an endeavour to return their businesses to break-even and better.
They are making the moves ahead of any further downturns in demand in the main tradelanes and the wave of newbuild behemoth boxships due for delivery during the year. Read more here.
Date: April 5, 2012