The world’s two biggest container lines, Maersk Line and MSC, are closing a number of services on their networks in an attempt to plug losses and regain profitability in the final half of the year.
The carriers have already announced they are each pulling a service between Asia and the Middle East, with Maersk also notifying shippers of the termination of its AC5 loop from Asia to the west coast of South America.
Today …

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Source: The Loadstar