MercoPress, en Español

Montevideo, May 31st 2023 - 00:04 UTC

Tag: ocean freight industry

  • Tuesday, January 17th 2023 - 10:39 UTC

    Scarce encouragement for the ocean freight industry from the Chinese New Year

    The Oslo based firm Xeneta warns this may be just the tip of the iceberg, as current data only counts blank sailings announced before 6 January

    In a severe display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals carriers blanked more than six times the number of sailings on the main Asia to US West Coast corridor leading up to Chinese New Year as they did in the equivalent period of 2019, just before the global ´pandemic.