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IPFS News Link • Economy - International

Trade Update: Container Shipping "A Black Hole of Losses"

• NakedCapitalism.com
 Freight rates for transpacific trade, the amount that shipping lines can charge for a typical 40-foot container for cargo moving between Asia and the West Coast of the U.S., have plummeted to $920 from $1,400 at the beginning of the year...

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