Independent journal on economy and transport policy
08:39 GMT+2
Asian currency crunch affects box traffic
(Cyber Shipping Guide - Ocean Commerce)
March 6, 1998
Asia's currency crisis has had an adverse influence on shipments of major U.S. exports to Asia. U.S. containerized exports to Asia during 1997 managed to post a slight increase of 2.8% with 3,208,630 TEUs from 3,122,507 TEUs in 1996. Despite some 10% increase registered each last May and June, Asia's currency crisis decelerated the growth rate so much that ...... Read more on Cyber Shipping Guide - Ocean Commerce
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