Smaller carriers retreat from transpacific as rates slide

Posted 2 days ago by

Splash247

Smaller containerlines are rapidly exiting the transpacific trades as weakening freight rates erode margins, according to Danish consultancy Sea-Intelligence. Fresh analysis shows that capacity offered by non-alliance carriers on the Asia-North America west coast route has dropped to a 10-year low, excluding the early pandemic period. The sharp pullback highlights how quickly independent operators respond