US EditionMSC joins lines cutting transpac services – but it's not enough to halt rate slide - The Loadstar
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MSC joins lines cutting transpac services – but it's not enough to halt rate slide - The Loadstar
MSC has become the first major container line to withdraw transpacific capacity, as rates to the US West Coast drop below $2,000 per feu. The Swiss-Italian market leader has suspended its Pearl service that connects Cai Mep, Hai Phong, Nansha, Hong Kong, Yantian and Xiamen with Long Beach. Three ships, ranging from 8,000-9,400 teu, were deployed, and the last sailing, according to consultancy Linerlytica, will be made by MSC Elodie on 13 ... The…
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