ONE and Yang Ming bounced into transpac network clarification, post-Hapag
Japanese carrier ONE and Taiwan’s Yang Ming today issued a transpacific network update to apply ...
So, what exactly is a sustainable container shipping freight rate level? Well, according to Maersk (of course), prices need to rise by between $300 and $500 per box on Asia-Europe to achieve that. Rates need to make it worthwhile for carriers to operate, but the other side of the equation is to limit capacity – which Maersk has done, taking one fifth of its Asia Europe trade out last year.
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Alex Lennane
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