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Container shortage pushes rates to highest level since 2009

It is currently more profitable to ship an empty container to Asia than wait for it to be filled with goods going from the US to China, writes Alphaliner in its latests newsletter.

Photo: Ted S. Warren/AP/Ritzau Scanpix

Container shortages have pushed rates to the highest level since 2009, writes Alphaliner.

The analyst firm points out that the shortage of forty-foot containers in Shanghai has led rates out of China to skyrocket.

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