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Ocean Freight Rates Continue to Slide

Ocean Freight Rates Continue to Slide
Ocean Freight Rates Continue to Slide

Global manufacturers have hopes for a demand recovery later this year despite mixed economic signals. U.S. inflation continued to cool in February, although high-profile bank failures may threaten to shake consumer confidence. Softening demand for goods means capacity at freight carriers is opening up. In mid-March, ocean rates continued to fall with Asia – N.…

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