Supply chain delays expected after earthquake hits Myanmar
Today’s earthquake in Myanmar won’t have devastating impacts on supply chains, but shippers should expect ...
© Chuyu
By Mike Wackett
Container lines operating Asia-Europe services will cumulatively cancel no less than 14 sailings early next month.
It’s a bid to compensate for the expected dip in demand after the Chinese Golden Week holiday and the beginning of the traditional slack season.
Carriers are anxious to underpin the contract rate gains of the past year that have translated into a turnaround in their fortunes, and are well aware of the consequences of a fresh rate war.
And in a show of hitherto absent discipline, all ...
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