Rates still slipping as peak season recedes and port strike threat subsides
Freight rates are continuing their downward correction following the premature peak season and front-loading of ...
Once the 2M Alliance ends in January 2025, reducing shared capacity, an independent Maersk Line will be significantly weaker than its partner MSC, as well as the Ocean and THE alliances, according to Linerlytica’s commentary, released on Monday.
Linerlytica notes that the three alliances currently account for 97% of the capacity on Asia-Europe trades and 86% on the transpacific.
“The planned split of the 2M would significantly alter the alliance landscape in the next two years. MSC is expected to operate independently, ...
European port congestion now at five-to-six days, and getting worse
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