Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
The eastbound transpacific trades are set to see a surge of blanked sailings over the ...
© Khunaspix Dreamstime.
By Alex Lennane
An interesting piece on LinkedIn from the JOC’s Greg Knowler. He points out that the 130,000 teu-worth of blanked sailings over July and August is causing something of a headache for shippers. They would like three to four months’ notice, and without that they will likely look for other, more reliable alternatives, such as China-Europe rail services. And carrier choice – which used to be a way to avoid the disruption – no longer exists with just the three alliances left. ...
Comment on this article
Rajeev S Babu
July 18, 2019 at 6:30 amNot unexpected considering weakening factory output in China.
Even Cosco had to cut its container capacity across the Pacific by 10% last August.