Hapag-Lloyd culls China-Germany service amid tonnage supply concerns
Hapag-Lloyd is to withdraw its China-Germany express service (CGX) in February, as the German mainline ...
Disruption to global supply chains, which is here to stay given geopolitical risk – on top of bottlenecks, equipment-related issues and so on and so forth – has been a boon for container shipping. Today’s interim numbers from Germany’s Hapag-Lloyd are proof of that.
Longer round voyage times both for vessels and containers, the box line stressed, had a negative impact on available capacity, meaning transport volumes in the first half of the year were at the previous year’s levels – ...
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