Ever Given at Felixstowe

Ocean carriers are resorting to more aggressive blanking strategies to manage a dip in demand, according to the latest report from project44.

The supply chain logistics and technology platform’s June Ocean Carrier Report says the 2M alliance of Maersk and MSC was “the most aggressive, cutting back its services by as much as 71% in the second week in May”.

“With ocean freight spot rates in freefall and demand for containers down year on year, carriers have moved to protect profitability,” said ...

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