Weak US demand could kill off rate rebound
Carriers' hopes that a rebound in the US economy would improve container import, and thus the rates on the Pacific, have failed completely, writes Alphaliner.
BY OLE ANDERSEN
Weak US demand and the addition of new tonnage seems to have killed container carriers' hopes of improval for the rates on the Pacific, from the Far East to North America. Instead, the carriers can look forward to a tumultuous year ahead, writes Alphaliner on Tuesday.
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