Slack season, closed China factories raise prospect of new rate war
The areas of China impacted by Beijing’s factory closures. Credit: Gary Huang
Carriers are slipping back into market share chasing mode as the slack October period approaches, threatening an end to the pricing discipline that has driven profitability at shipping companies up to levels not seen in six years.Yet even as…
Slack season, closed China factories raise prospect of new rate war
Journal of Commerce