Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
Photo 157087738 | Cargo © Roger Harrison | Dreamstime.com
Maersk is to resume its OC1 Oceania-North America east coast string as an all-water service through the Panama Canal next month, dropping its use of the Isthmus rail land bridge link.
As rainy season approaches, Panama Canal Authority (ACP) has increased its daily transit limit to 27 from the 24 it had enforced in December.
Since its locks were expanded, the canal had capacity for 34 to 38 daily transits, but this was steadily reduced due to low water levels, as ...
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