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Global box volume growth brakes sharply in March

Latest data from CTS shows ocean trade fell 1.1% during March against last year to bring a disappointing end to a previously promising quarter. Headhaul and Asia-Europe and transpacific see fortunes reversed as traffic slumps by double-digit proportions

SeaIntel says figures also suggest that carriers may not be at fault for faltering freight rates in the struggle to maintain utilisation

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