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Container Freight Rates Fall 18.7% as Industry Consolidation Stays the Course

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Container freight rates are showing a stable but soft pricing period, as the ocean shipping industry continues to consolidate and costs—brought on by greater efficiency—remain stable. The World Container Index assessed by Drewry, a composite of container freight rates on eight major routes to and from the U.S., Europe and Asia, was down 1.1% to…

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