China Steps Up To Stabilize Freight Rates

  • China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market.
  • Media speculation indicates that shipping lines could be called to a series of meetings to discuss the container shortage and high rates.
  • Ministry is in talks with the ministry of transport and other related departments to adopt measures to increase shipping capacity and stabilise freight rates.

A recent news article published in the Loadstar reveals how China steps up to control the rising...

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