The 2M Alliance and shipping line Zim have announced five more blanked voyages from Asia to the US east coast this month, due to weakening demand forecasts for after the Chinese Golden Week holiday.
The last-minute decision suggests the booking outlook has significantly worsened since the carriers decided on their holiday capacity withdrawals for the tradelane a few weeks ago.
Maersk said in an advisory to customers yesterday: “Due to the expected …
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Source: The Loadstar