News / Soft demand and falling rates push 2M to blank another Asia-USEC sailing

ID 52313310 © Joe Sohm | Dreamstime.com

2M partners Maersk Line and MSC have announced plans to blank sailings between Asia and the US east coast, as carriers attempt to curtail an increasingly steep spot rate slide through restricting capacity.

A statement from MSC indicated the trade was still suffering from a post-Chinese New Year demand slump.

“MSC would like to inform customers about an additional blank sailing during week 14 to rationalise capacity supply from Asia to the US east coast.

“A contingency plan will be in place allowing ...