Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Ahead of privatisation, South Korean ocean carrier HMM will continue a former THE Alliance transpacific loop that has strong connections to its home nation as a standalone service.
THEA dropped the Asia to US west coast PS8 loop as part of its annual network revision this month, but HMM will operate the service itself, albeit with Japanese carrier ONE purchasing slots.
Alphaliner said the PS8 THEA loop would end on 15 May and, thereafter, HMM’s standalone loop would be rebranded the Pacific ...
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