- Frieght rates have not collapsed as containerships continue to blank
- Container lines have canceled 458 sailings since Chinese New Year
- Global demand for many items other than essential household goods and medical supplies continued to dip
Greg Miller, senior editor for freightwaves, reports that container shipping companies including Maersk Line, MSC and others continue to “blank” (cancel) transoceanic sailings to bring vessel capacity in line with pandemic-stricken cargo demand. As a result...
http://mfame.guru/a-record-number-of-blank-sailings-for-only-one-reason/