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Freight Rates Roll Lower, but High Fuel Prices Likely to Keep Shipping Costs Inflated

While freight rates dipped a bit last week, they remain high comparatively high, and with fuel prices showing no signs of falling, shippers can expect costs to stay inflated. The World Container Index (WCI) assessed by Drewry, a composite of container freight rates on eight major routes to and from the U.S., Europe and Asia,…

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