USTR fee could price Chinese carriers out of US trades
The October implementation of the US Trade Representative port fees will mean a “forced concentration” ...
© Christian Horz | Dreamstime.com
By Mike Wackett
To penetrate more lucrative tradelanes, ocean carriers are looking for vessel-sharing partners outside their main east-west alliances.
And with their services under financial pressure, container lines are redeploying tonnage to routes they believe can still make money, whether on a standalone basis, by vessel-sharing or, in the first instance, with slot purchases.
In turn, the carriers will look to cut back on their commitment to east-west trades that are heavily exposed to the volatile spot market.
However, the lines are unlikely to keep ...
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