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Slowing Demand Drives Down Shipping Rates

Jul 10, 2022

With the economy still wrought with troubles, high-priced freight contracts written when carrier capacity was tight and businesses were in a mad rush to restock inventories are falling out of favor, The Wall Street Journal reports. Some companies are now attempting to renegotiate the shipping agreements they put together at the beginning of the pandemic. ...

Read More at https://www.pymnts.com/shipping/2022/slowing-demand-drives-down-shipping-rates/

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