OCEAN carriers are accelerating transpacific capacity reductions as US-China trade tensions and declining Chinese cargo volumes drive service suspensions and blank sailings. According to Vizion and Dun & Bradstreet data, China-US bookings fell 54 per cent during April 21-28, leading carriers like Zim, MSC, and Premier Alliance to slash capacity. MSC’s Orient and Zim’s ZX2 services have been suspended, pulling 100,000 TEU from the transpacific trade. Southeast Asia bookings have increased as US...
https://www.seanews.com.tr/transpacific-capacity-cuts-deepen-as-china-volumes-drop/203290/