Carriers could find the cost of blanked sailings adding up to $23 billion
The container shipping industry could lose as much as $23bn this year from reduced demand ...
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Ocean carrier schedule reliability on the headhaul Asia-north Europe and Asia-US west coast tradelanes is worsening every month, according to analysts.
This is causing concern among importers and retailers that stock levels have insufficient buffers to cope with what they view as the flagrant disregard of many shipping lines for on-time arrivals.
Moreover, the decline in schedule integrity – which, according to data compiled by SeaIntel, fell to a low of just 44.6% for vessels arriving within a day of their advertised ...
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