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Container shipping recovery coming late 2016 or 2017

As container shipping evolves, Drewry predicts survival of the leanest.

The London-based consultant said the turnaround will be based on the “formation of the new mega alliances and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level” and improved freight rates.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.