'Cargo collision' expected as transpacific capacity tightens and rates rise
Transpacific shippers keen to take advantage of the 90-day tariff time-out are likely to be ...
Credit VesselFinder.
By Mike Wackett
US domestic and transpacific carrier Matson has reported “solid freight demand, despite the muted peak season” in Q3 for its niche China to USWC service.
Preliminary Q3 results of the Honolulu-based company show volumes from China to Los Angeles edged down just 1.3% on the same quarter of last year, despite being impacted by last September’s termination of one of its service loops.
Matson will publish its full-Q3 results on Monday, but says it expects net ...
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