How Does the Chinese New Year Impact Rate Volatility?
CH Robinson Transportfolio
FEBRUARY 5, 2016
million TEUs recorded in December 2009—however, there was a surge in scrapping older tonnage to keep that from coming into fruition. The idle ship capacity soared from 230,000 TEUs at the beginning of 2015 to 1.36 million TEUs by December. The unused fleet was expected to top the all-time high of 1.5
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