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Container Lines Brace for Slowdown as Shipping Rates Keel Over

As container shipping lines enjoy what’s left of their most profitable stretch on record, the wheel of fortune may be turning again for an industry all-too familiar with sweeping boom and bust cycles.

Over the past two years, disruptions to the global economy and pent-up demand from home-bound consumers provided a record windfall for the world’s container carriers. But these heady days look to be coming to an end.