Price war as carriers compete for cargo driving down container spot rates
Container spot freight rates on the major east-west liner trades experienced another week of decline, ...
Credit CU Lines
China United Lines (CU Lines) has entered the transpacific tradelane, becoming yet another new entrant on the Pacific with a service out of Shanghai.
CU Lines will launch the Trans-Pacific Express (TPX) service from Shanghai to Los Angeles on 18 July with five chartered ships ranging from 1,700 teu to 4,400 teu.
The Chinese state-controlled liner operator announced that its first transpacific sailing will see the 1,740 teu A Daisen depart Shanghai on 18 July, and is expected to arrive in Los ...
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