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‘No Quick Fix’ for Freight Rates, Project44 Warns

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Ocean carrier schedule reliability continued to tumble through August, with delays of up to 30 days on the worst-hit China-European Union (EU) routes, and 21.94 days on the worst-hit China-U.S. West Coast routes, according to container tracking data from Project44, a specialist in real-time supply chain visibility. “If current circumstances hold, we’re going to see…

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