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19 October 2019 The on-line newspaper devoted to the world of transports 03:07 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


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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