Carriers blank voyages and look for port call inducements as demand slows
Asia-North Europe carriers are managing the trade’s soft and irregular demand by blanking more sailings ...
UK haulage and logistics operator Searon Logistics has gone into administration, resulting in the loss of more than 100 jobs. The Felixstowe-based operator said it had been hit hard by changes in the market, including declining demand and a shake-up of the shipping alliances. The Ipswich Star reports that by 2015 the company had achieved an annual turnover of £15m. However, with shipping lines moving Felixstowe-based business to Southampton, the company was unable to keep up with the “significant” increase in costs. When attempts to find a buyer failed, the company ceased trading.
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