ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index (SCFI) closed on 7 July.
The ZIM North Pacific (ZNP) service’s last sailing, out of Busan, will be on 12 July. The service, accounting for 1% of Asia-US West Coast capacity, previously had seven to nine ships of 2,700 to 4,300 TEUs, calling at Kaohsiung, Yantian, Ningbo, Shanghai, Busan, Vancouver, Busan and Kaohsiung.
The Israeli...
https://container-news.com/zim-and-the-alliance-cut-transpacific-capacity/