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Asia-Europe freight rates head back up to 2008 levels
Shippers pay more as higher cargo volumes combine with vessel lay-ups to create tight supply conditions
Janet Porter - Tuesday 9 February 2010
FREIGHT rates on certain container routes ended last year at levels above the 2008 average after more than doubling in the latter stages of 2009.
That represented a remarkable turnround from conditions in the early months of last year when rates were in freefall as trade collapsed in the wake of the global banking crisis. By December, many rates h...
