Asia-Europe FAK price hikes manage to halt 13-week rate decline
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest ...
Although the headline is slightly misleading – the point of this article is that the P3 members, Maersk, CMA CGM and MSC, will have the larger average size vessel, and therefore better economies of scale, rather than reach of network or number of vessels – the central theme that it pretty much would take 10 of the main box shipping lines on Asia-Europe to match the combined strength of the P3 carriers says a great deal about the current state ...
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