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‘Outlandish Profits’: Cargo Carriers on Track for ‘Eye-Watering’ Earnings This Year

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Supply chain turmoil will last longer than many thought, forcing significant upgrades to container freight rates and carrier profit forecasts, according to Drewry’s latest “Container Forecaster” report. A longer-than-anticipated period of supply chain disruption has forced Drewry to again raise its forecasts for container freight rates and industry profitability in its latest forecast report. Port…

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