Airfreight players eye new routes as demand on the transpacific nosedives
The sudden fall in demand for airfreight on the transpacific is beginning to trigger capacity ...
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By Mike Wackett
If ocean carriers plying the Asia – North Europe trade lane cannot reverse the tide of falling sea freight spot rates by their strategy of blanking sailings to underpin general rate increases, then the only option remaining is to take the drastic and unpalatable step of laying-up of ships, suggests a leading transport consultant.
In its Container Insight Weekly, Drewry estimates that based on a healthy load factor of 90% even the newbuild 19,000 teu ships would operate in the red ...
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