Independent journal on economy and transport policy
15:01 GMT+1
Japanese shippers call truce in sagging market
(Sched Net)
July 9, 1999
THE new head of the Japanese Import Cargo Trade Council (ICTC) extended an olive branch to association members in a effort to cool competition and stabilise freight rates.
Kentaro Kawamura, president of NYK, appealed for members to adopt a spirit of mutual concession and maintain stable transportation services without undermining freight rates.
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