The 2M alliance has confirmed that it will reintroduce its AE2/Swan Asia-North Europe loop in the second week of December.
The move will put back about 6% of capacity to a tradelane where forward booking prospects are uncertain.
Drewry today described the decision as a “pivotal moment” in the Asia to Europe calendar.
“A big drop in spot rates now would weaken carriers’ hands and make it far harder to secure improvement over the …

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Source: The Loadstar