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, ...
Maersk has shortened its import containers dwell time at key US terminals from 14 days to nine, before they are transferred to an off-dock facility.
The new regime begins on 8 August.
The shipping line said previous moves to resolve the backlog had proved insufficient, adding: “We had until now focused on draying containers with no activity for more than 14 days.
“Unfortunately, persistent congestion continues to impact operations in our key Los Angeles/Long Beach and Newark/Elizabeth gateways… so we feel it’s important ...
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