The China Containerized Freight Index increased 0.1% for the four weeks to November 18 vs. a year earlier, the first such increase since November 2014. The index reached its highest level since January 29. Whether this proves to be the industry “turning point” flagged during the shipping companies’ revenue reports remains to be seen – revenues increased just 0.9% on a year earlier in the third quarter. Success depends on the shippers making the rate increases stick for the long term, though a positive sign is that there were 28 rate increase announcements from three major shippe...