MSC revamps east-west network as alliance strategies on blanking vary
As container lines try to manage capacity in the face of wild swings in short-term ...
© Martin Hatch
By Mike Wackett
Alliance partners Maersk and MSC are to “temporarily suspend” their AE2/Swan Asia-North Europe loop from the end of the month until mid-November, removing up to 20,000 teu a week from the trade.
Weakening demand and plummeting freight rates have so far obliged Asia-North Europe carriers to blank two-thirds more sailings than during the same period of last year, and now the 2M alliance is to suspend the loop for the second consecutive year.
Moreover, Maersk said it would also “balance its network ...
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