China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
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Evergreen and Yang Ming are not following the contractual stance of rival operators, including Maersk and Cosco which are locking-in customers to multi-year contracts
The two Taiwanese carriers believe they should not bind their customers.
Yang Ming president Patrick Tu said: “We have to consider customers’ wishes. They may think freight rates may not remain at the same high levels over the next two to three years. However, if customers are sure rates will remain high in the medium term, we’re open to ...
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