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Drewry: Carriers inch back to break even
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The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even, according to London-based consultancy Drewry. “Carriers took sufficient capacity out in the winter months to ensure that recently reactivated services have not caused too much damage to the supply/demand balance and load factors on the eastbound transpacific remain strong,” Drewry said Tuesday. “However, ...
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