Independent journal on economy and transport policy
01:40 GMT+2
First half decline for eastbound trade rates
(Sched Net)
September 4, 1998
RATES on eastbound trades from Europe have suffered a drop of at least 15 per cent over the first six months of this year, compared to the same period in 1997.
Lines during this year's first half were charging US$400 - $500 per TEU from $475 - $575 last year, leading Hong Kong shippers to doubt Octobers' implementation of emergency rate hikes, as proposed ...... Read more on Sched Net
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