Backlash festers as carriers’ capacity discipline portends profitable 2020

July 8, 2020 Jul 08, 2020 11:40AM EDT

[caption caption="Carriers’ reluctance to add capacity, after being burned badly after failing to remove capacity following the plunge in volumes triggered by the 2008-09 financial crisis, is understandable. Photo credit: Shutterstock.com."][/caption]The capacity discipline that has allowed container lines to keep spot rates elevated on major trades despite falling volumes, raising...

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