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 ...
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Maersk’s decision to halt all bookings from North Europe to Asia could take out as much as 27% of capacity from the eastbound backhaul trade, according to new research published today by French liner consultancy Alphaliner.
It estimated that the world’s largest line has that amount of market share on the eastbound leg, and detailed how skipping selective westbound sailings out of Asia in February and March have led to the current eastbound capacity crunch.
“Maersk’s current difficulties can be attributed to ...
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