WWD.com/business-news/government-trade/downward-pressure-on-freight-rates-seen-continuing-6567380

government-trade

January 8, 2013

Downward Pressure on Freight Rates Seen Continuing

Oversupply of new ocean carriers projected to keep shipping rates low.

By John Zarocostas

government-trade/news

GENEVA — Downward pressure on freight rates for containerized cargo and other seaborne trade is forecast to continue next year, largely due to the oversupply of new vessels,...

Downward Pressure on Freight Rates Seen Continuing

Oversupply of new ocean carriers projected to keep shipping rates low.

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