Container carriers slash transpacific capacity as rates sink
- Carriers cut transpacific shipping capacity by over 20% as spot rates drop sharply
- Expected peak season demand has failed to appear amid tariff uncertainty
- Shippers are holding back as US trade negotiations and deadlines remain unresolved
Transpacific shipping lines have slashed capacity as spot rates plunge and shippers pull back, with ongoing US tariff uncertainty disrupting peak season demand and clouding the outlook for global container trade
