Service demand has increased, 7.2% year-on-year on the Transpacific trade routes, but the reinstatement of capacity into the trade is less about demand and more a consequence of overly aggressive capacity cuts according to consultants Sea-Intelligence.
The Alliance is the prime culprit with 22 of the 30 un-blanked services in the third quarter belonging to the carrier consortium. Similar ratios on the Asia to North Europe services show that nine of 11 reinstated services were THE Alliance loops.
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https://container-news.com/over-aggressive-capacity-cuts-but-rates-still-rising/