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Carriers fail to make August GRIs stick

Asia-Europe and Transpacific rates fall as supply/demand imbalance continues to hinder GRI longevity

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Asia-Europe rates surge to highest level in six months
OOCL results signal decline on Asia-Europe trade is worse than expected
Transpacific rates slump to lowest level in years
Negative rates hit north-south trades
Respite for Asia-Europe spot rates as GRIs hold
Asia-Europe rates jump to nearly $600

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