More carriers to cut back on Asia-Europe container capacity after summer peak

July 9, 2018 Gavin van Marle

More deepsea carriers have announced plans to cut capacity on the Asia-Europe trade in preparation for a slowdown in volumes after the summer peak season.
2M partner MSC today said it would suspend one of its Asia-Europe services after the end of China’s Golden Week holiday, which begins on 1 October.
It said: “Due to the anticipated slowdown in demand, Mediterranean Shipping Company plans to make a temporary structural adjustment to its Asia-Europe network around ...

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