Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
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By Mike Wackett
Consumer lockdowns and recession in Europe and the US have obliged some carriers to withdraw more capacity on the transatlantic trade.
2M Alliance partners Maersk and MSC have advised customers they will extend the blanking programme of their TA4/NEUATL4 loop to the middle of June.
Maersk said: “We are balancing our network to match reduced demand.”
The carrier added that the service was, “expected to resume, subject to improved market demand”.
The transatlantic loop, also referred to as EUNA4 by Maersk subsidiary Hamburg Süd, ...
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