Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
To reassure shippers that its transpacific coverage will remain strong, THE Alliance (Hapag-Lloyd, ONE, HMM and Yang Ming) will reinstate two transpacific services after suspending the strings for almost half a year.
On 15 April, THE Alliance will restore the Asia-US east coast 4 (EC4/SUEZ1) service that was withdrawn in November for the winter lull season and will return with a new rotation: Kaohsiung, Xiamen, Yantian, Cai Mep, Singapore, Norfolk, Savannah, Charleston, New York, Singapore, and Kaohsiung.
The former call at Hong ...
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