'Cargo collision' expected as transpacific capacity tightens and rates rise
Transpacific shippers keen to take advantage of the 90-day tariff time-out are likely to be ...
By Mike Wackett
OOCL has announced the cancellation of four Ocean Alliance headhaul transpacific sailings next month.
This suggests forward bookings are resuming normal seasonal demand patterns after the rush to beat 1 January import duty hikes.
Four Ocean Alliance loops will blank sailings in weeks 48, 49, 50 and 51, which OOCL said was “in response to the expected low demand during the upcoming Christmas and new year period”.
Until then, carriers are taking full advantage of the artificially high demand caused by shippers trying to ...
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