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Box rates stay high as retailers struggle to build stock

Container freight rates show little sign of weakening amid a backdrop of ‘maxed out’ capacity and sustained peak demand. Rate indices reported further record highs this week, but could climb higher on the transpacific trade as retailers continue to play catch-up on inventories

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‘Overwhelming demand causing shipments to be rolled even on newly-minted, expensive annual ocean contracts’ — Freightos

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