A new level of US tariffs on Chinese exports could lead to an 8% drop in eastbound transpacific container volumes this year, according to new research from Alphaliner.
It notes that, apart from South Korea’s Hyundai Merchant Marine and Japan’s ONE, every line operating on the transpacific remains heavily reliant on Chinese goods filling their transpacific services.
And the tariff hikes follow a dismal first quarter this year, in which volumes from …
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Source: The Loadstar