By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should shippers be hoping for further carrier consolidation? Or will the new alliance structure create more stability? Next April, the four major container shipping alliances – the 2M, Ocean Three, CKYHE and G6 – will become … [Read more...]
Plain Sailing for the G6 While the P3 Alliance’s Proposal Faces Headwinds
By Mike Wackett The G6 Alliance’s plan to expand its scope on transpacific and transatlantic trade lanes is scheduled to be approved on January 16, unless the US Federal Maritime Commission (FMC) delays the process by asking for additional information. The plan was filed with the FMC on December 2 and, on its Federal Register, the FMC has invited comments on the … [Read more...]
Box Carriers Forced to Cancel Sailings
By Gavin van Marle, Back in June, The Loadstar published a story which quoted a European forwarder who believed that the 1 July general rate increase – generally set at $1,000 per teu – was the carriers’ “last chance” to force rates up. To which one wit on Twitter replied: “No it isn’t – there’s the August, September, … [Read more...]