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Latest From Alan Murphy
All but three of the major main lane service offerings have suffered from blank sailings since their inception
With roughly half of US imports from China now subject to a 25% tariff, and almost the entirety of Chinese imports from US subject to a 25% tariff, the transpacific trade is likely to be adversely affected this peak season
West coast ports won a bigger share of growth than east coast rivals in the last quarter of 2018, but were hit harder during the related slowdown in the first quarter of 2019
Liner shipping has increasingly become a size-driven industry, with the smaller carriers recording most of the losses
The liner industry is braced to receive around 400,000 teu of ‘mega vessel’ capacity this year, which is destined for the Asia-Europe trade, and a further 600,000 teu in 2020
There was strong revenue growth for the majority of container lines in the third quarter