Historic capacity crunch looms as more Europe-Asia sailings are blanked

Freight forwarders sending goods out of Europe to Asia face one of the tightest capacity crunches in living memory over the next few weeks.
CMA CGM is set to blank 23 North Europe-Asia sailings from now until 2 June, after last week announcing three further deepsea sailings in the middle of this month had been cancelled, “due to recent demand slowdown in the context of the coronavirus situation”.
This month alone, 15 …

The post Historic capacity crunch looms as more Europe-Asia sailings are blanked appeared first on The Loadstar.

Source: The Loadstar

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