PUBLISHER: Splash247 (splash247.com)
Blank sailings are failing to shore up the deteriorating situation for carriers on most of the main container tradelanes. The peak season has been curtailed.
The average capacity offered from the Asia to the US West Coast has fallen to its lowest since February in the past four weeks, new data from online rate platform Xeneta shows. Over this period, an average of 275,000 teu has left Asia heading for the US west coast, about 50,000 teu less than the peak in early August.