Capacity declines on the Pacific "with no end in sight"
An additional four services on the Pacific Ocean have been shut down, and capacity on the previously super-profitable route continues to fall ”with no end in sight,” writes Alphaliner. The reason is not isolated to falling exports from China.
by DANIEL LOGAN
Overall, capacity on the three global east-west trade lanes is declining this year, and this is first and foremost due to the developments on one of the three major container routes.
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