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Container demand frenzy sends rates to new highs, again

Box freight rate indices hit new highs as Asia-Europe route approaches $6,000 per teu

Carriers still hold all the cards in both spot and contract rate setting. Few options appear open to hard-pressed shippers

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Container capacity shortage set to last until fourth quarter

Easing of congestion and schedule delays will only start to emerge in the third quarter of the year. With demand remaining strong, carriers could see a year-long peak season

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