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News / MSC joins lines cutting transpac services – but it's not enough to halt rate slide

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Photo: © Sheila Fitzgerald
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MSC has become the first major container line to withdraw transpacific capacity, as rates to the US West Coast drop below $2,000 per feu.

The Swiss-Italian market leader has suspended its Pearl service that connects Cai Mep, Hai Phong, Nansha, Hong Kong, ...

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    Mediterranean Shipping Company (MSC) Shanghai Containerized Freight Index (SCFI) TransPacific routes