Between the Lines: Carriers ramp up transpacific capacity despite Golden Week
Offered capacity on the transpacific post-Golden Week is at its highest level in years, as carriers respond to a prolonged period of strong demand
Carriers serving the transpacific trade have pulled the plug on planned blanked sailings amid a demand surge and encouragement from China, as they in turn look to curb rate increases. With capacity reductions down, questions remain how long volumes will stay resilient against the backdrop of a pandemic-induced recession