News / Cross-alliance cooperation on the increase as market weakens

CMA CGM BENJAMIN FRANKLIN - Copyright Port of LA 2

Port of Los Angeles

01/02/2023

Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.

Moreover, the weakness in the Chinese market is prompting more discussions on carrier slot swap agreements between rival alliances.

“Poor cargo demand in China and falling ocean ...

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