Thursday Dec 6th 2018

Demand surge on the transpacific calms as G20 deal eases tariff hike fears

” Transpacific ocean carriers have deployed an extra 22 loaders from China to the US since the middle of October, according to Alphaliner data, adding some 177,000 teu of capacity. The capacity surge was in response to demand from shippers for front-loading shipments ahead of an anticipated import duty hike on a wide range of consumer goods to 25% from 1 January.” To learn more, see the original story at The Loadstar.

Source: The Loadstar (JB)