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Mismanaged transpacific capacity hurts the vulnerable
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Thursday, August 11, 2011
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When Matson Navigation Co. said this week it was shuttering one of its two transpacific services, it was yet another example of the liner carrier industry finally coming to terms with the reality of the 2011 market. American Shipper Wednesday chronicled all the services dropped on the transpacific in recent weeks , making it seem as if the lines are finally gaining a measure of supply/demand balance. The number of services dropped just before 'peak season' is ...
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