News / Added services to exploit rising rates boost transpacific capacity by 33%

Source Port of Los Angeles

To take advantage of skyrocketing freight rates, liner operators added 23 transpacific services between July 2020 and last month, boosting nominal capacity by 33%, according to the Shanghai Shipping Exchange.

In July 2020, global container shipping capacity stood at 23.8m teu, the transpacific accounting for 3.74m ...