Go beyond logistics, make the revolution business.
Container freight rates from Asia to North America West Coast have been back to 2019 levels for about a month now, and Asia to North America East Coast rates are only 12% higher than in December 2019 due to increased demand. demand and congestion is reduced. The surge in demand for seaborne imports due to […]
On Wednesday MSC and AP Moller-Maersk issued a joint statement that the two companies had mutually agreed to terminate the 2M alliance in 2025. The alliance between Maersk and MSC was founded in 2015 with a minimum term of 10-years with a two-year notice period of termination, as such today’s announcement will see 2M being […]
With a large number of newly delivered large container ships starting this year, if consumption does not keep pace with the growth of supply, container shipping companies could revert to a price war like pre-pandemic. The chairman of Evergreen, Chang Yen-i, warned that with the large number of newbuild mega-box ships starting to be delivered […]
Experts say that the split could prompt capacity shifts and lower rates as competition for customers heats up. The end of a shipping alliance between two of the world’s largest container lines could pave the way for more competition and lower rates in ocean shipping. Maersk and MSC said last month that they would not […]
Container shipping has long been one of the most important industries in the global economy, facilitating the movement of goods across continents and connecting businesses around the world. Over the years, the industry has undergone significant changes, with new technologies and processes transforming the way shipping companies operate. One such change is the move towards […]
