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19 July 2019 The on-line newspaper devoted to the world of transports 19:14 GMT+2



October 12, 1998

Big jump in rates expected on Asia-US trade

But conference lines on transpacific route will still not be able to cover costs of trade imbalance

By Marcus Hand

[SINGAPORE]

The next round of freight rate increases eastbound on the trans-Pacific trade from Asia to the US are likely to be "significant", but still will not cover the costs to shipping lines of the trade imbalance.

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