US EditionGRI flurry continues as June rates soften
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GRI flurry continues as June rates soften
Dale Crisp RATE RISE NOTIFICATIONS are piling up in Asia-Australia trades, just as market sources report an unexpected softening of rates for June shipments. Last week there were confident predictions of China-Australia FAKs doubling within a month but instead there’s been slippage of USD 100/TEU, DCN was told. Nevertheless, there are still high expectations for July, unless the upsized A3N service torpedoes the push. While there doesn’t seem to…
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