Balmy Q4 for sea freight as importers try to beat new tariff deadline
But higher bunker costs taking some shine off upside from Transpacific box traffic surge
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Singapore
THE final quarter of the year is expected to yield bumper freight volumes and rates for box lines as importers and shippers race to beat additional tariffs in the new year arising from the US-China trade war.
Those that will reap the bounty will include APL, a leading line on the Transpacific trade whose parent company CMA CGM is one of the top three shipping lines in box trade.
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