Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Photo: VesselFinder
By Mike Wackett
2M alliance partners MSC and Maersk will revert to a reduced “winter schedule” coverage for Asia–North Europe until December to mitigate the impact of falling demand and the continued erosion of freight rates on the route.
From the end of this month, the 2M will blank the sailing of an Asia–North Europe loop for seven weeks.
MSC said it was “taking certain actions to adjust capacity in line with the slowing demand on the Asia to ...
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