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Boston downsizes after CKYH suspension
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Tuesday, January 24, 2012
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The Massachusetts Port Authority said it expects the operating deficit at its main container terminal to double because of weak trade and suspension of a CKYH alliance service to Boston. The liner carrer alliance announced the suspension in November. A downturn in global maritime trade as well as over-capacity in the container industry caused the indefinite suspension last month of Conley Terminal’s new Suez Canal service from COSCO and its partners. "With the ...
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