Maersk’s 2Q results saw lower margins and were typical for the liners this year – a continued dip on 3Q margins shows the need for more price rises. Hapag-Lloyd and ONE have increased their bets on perishables. Secretary Perry’s Mexican stance contradicts Trump’s policies. Also: container handling at SeaTac and Houston grew by double digit percentages bringing the national average to over 5% in July despite west coast weakness; India may launch extensive steel import restrictions; EU-U.S. trade talks start today, as do American hearings into 25% duties on $200 billion of Chinese exports;...
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