The major container carriers have reclaimed the "power" from shippers in the market this past summer on key routes from Shanghai to New York and Rotterdam.
This has been done through tight management of the capacity available on the ships, and this comes as bad news for the many logistics customers who have found it difficult to secure space on the vessels, just as the carriers have asked a high price for extra containers not covered by original agreements, says analysts Drewry in a brief that describes the summer 2014 as the busiest peak season since 2010, leading to filled ships and bottlenecks:
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