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23 September 2020 The on-line newspaper devoted to the world of transports 00:56 GMT+2

December 15, 1998

HKSC warns against rate rises

THE Hong Kong Shippers' Council (HKSC) is warning carriers that if they continue to impose rate increases, it could cause them problems in the long run, as shippers adopt a more cautious attitude towards rate rises.

The comments were made in response to a Far Eastern Freight Conference (FEFC) proposal to boost rates by US$200 per TEU in the Asia-Europe trade ......
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