Subscribe to RSS feedLid slams down on Pacific box trade
by
Obsidian
—
last modified
Jan 29, 2009 12:00 AM
The chill winds of the global downturn are blowing through Australian container services for the first time with carriers in the North & East Asian trade about to wield the axe.
In the first cutbacks to reflect vanishing volumes rather than overcapacity, the AAUS group of Hamburg Sud, Hapag-Lloyd, Hyundai Merchant Marine, APL and
Evergreen have rolled their two-string service into a single loop, effective immediately. AAUS only adopted its existing...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
