USTR fee could price Chinese carriers out of US trades
The October implementation of the US Trade Representative port fees will mean a “forced concentration” ...
Photo: VesselFinder
As spot freight rates on the transpacific trade continue to weaken, the number of service closures is beginning to mount.
Japanese carrier ONE today announced that “the resumption of the PS5 service, originally scheduled for May 2025, will be temporarily delayed until further notice”.
Meanwhile, Alphaliner reported today that Hong Kong-listed carrier TS Lines had closed its standalone AWC2 service that connected the southern China ports of Nansha, Yantian, Shekou, and Xiamen with Los Angeles.
According to the eeSea liner database, the service ...
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