WSJ: Shipping tycoons discuss separating Panama ports from Hutchison deal
WSJ reports: The billionaires behind the MSC shipping empire are discussing carving out two Panama ports ...
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are finally beginning to pull capacity from the trade.
Yesterday, MSC announced six transpacific sailings to be blanked, starting with next week’s sailing on theChinook service that links the Far East with Prince Rupert, Vancouver, and Seattle/Tacoma, operated with eight vessels averaging 13,000 teu, and includes Zim-chartered slots.
In addition, in week 17 it will blank two sailings out of Asia to the US west coast, the Pearl ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article