Transpacific service cancellations exceed 50 since end of January
Box carriers’ response to weak cargo demand on the east-west trade has led to an unprecedented number of services being pulled during the past month as the US-Sino trade war and the coronavirus outbreak take their toll
Alphaliner expects capacity in May to be down 7,000 teu, or 2.3%, on the transpacific trade, as carriers look to address the demand shortfall