Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high.
Freight rates for containers from Chinese ports to Mexico’s main container port, Manzanillo, are now around US$2,000 per TEU. This has caused CMA CGM, COSCO and MSC to start China-Mexico connections.
On 6 May, COSCO and its subsidiary OOCL started the Transpacific Latin Pacific 5 (TLP5) service, offering transit times of 15 to 20 days between China, South Korea and...
https://container-news.com/box-lines-start-asia-mexico-services-as-rates-hit-20-month-high/