Early AE2/Swan return would add to the pressure on Asia-Europe carriers

The Shanghai Containerized Freight Index (SCFI), published today after a break for the Chinese Golden Week holiday, reveals a sharp contrast in fortunes for the major carriers.
The decision by Asia-North Europe carriers to blank or suspend 11 headhaul voyages this month appears to have halted the slide in spot rates on the route, the SCFI component virtually unchanged at $731 per teu.
However, if the 2M Alliance reactivates its AE2/Swan loop earlier …

The post Early AE2/Swan return would add to...

https://theloadstar.co.uk/early-ae2swan-return-add-pressure-asia-europe-carriers/

Rush for space on Asia-Europe as box carriers spark new capacity crunch

North European shippers are scrambling to book space on October sailings to Asia ahead of a new capacity crunch.
The decision by ocean carriers to void 11 voyages from Asia to North Europe nest month to halt the slide in container spot rates will result in a similar number of cancelled backhaul sailings in November and December.
One UK forwarder told The Loadstar today he was encouraging his customers to bring forward as …

The post Rush for space on Asia-Europe as box carriers spark new capacity...

https://theloadstar.co.uk/rush-space-asia-europe-box-carriers-spark-new-capacity-crunch/

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