Yang Ming Marine Transport Corp gave an optimistic outlook for the first half of this year on expectations that container shipping rates would remain high, reports TaipeiTimes.
High freight ratesYang Ming president Patrick Tu told an investors’ conference in Taipei that a combination of a shortage of empty containers and traffic congestion at ports worldwide due to the COVID-19 pandemic is expected to keep freight rates high until the end of June.
Yang Ming is Taiwan’s second-largest container...
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