'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
Headhaul cargo visibility for Asia-North Europe carriers is still unclear for July and August, with much depending on the speed of the economic recovery and the appetite of consumers to spend, following the easing of Covid-19 lockdowns.
But for now carriers appear to be holding fire on announcing further blanked voyages, presumably until they see whether the current – some would say “artificial” – surge in demand can be sustained.
On Wednesday, Rotterdam’s World Gateway terminal will welcome the newly-crowned world’s biggest ...
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