2M Asia-Europe service suspension signals weak market

September 4, 2019 Sep 04, 2019 1:50PM EDT

[caption caption="Freight rates on the Asia-North Europe trade are currently almost 20 percent below the same week last year. Photo credit: Shutterstock.com."][/caption]The suspension of Maersk and MSC’s AE2/Swan services for six weeks, a move that cuts 18 percent of the 2M Alliance’s weekly Asia-North Europe capacity, is an ominous sign...

Previous Article
Shippers delaying US truck drivers longer: survey
Shippers delaying US truck drivers longer: survey

[caption caption="Truck drivers say shippers should improve scheduling, technology, and staffing to reduce ...

Next Article
Slower growth, IMO tests stabilizing container shipping sector
Slower growth, IMO tests stabilizing container shipping sector

 [caption caption="With the top nine major global carriers involved in three alliances, or highly integrate...