2M 'go-slow' and massive capacity injection lights Asia-Europe touchpaper
Posted on 16th May 2023 at 09:14
2M 'go-slow' and massive capacity injection lights Asia-Europe touchpaper
Next month, 2M partners MSC and Maersk will deploy nine extra vessels on their Asia-Europe services, an injection of capacity in a period of weak demand that may unleash a ferocious race-to-the-bottom freight war on the tradelane.
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Tagged as: 2M, 2M Alliance, A.P. Moller - Maersk, Asia Freight, Exports, Freight, Freight Rates, Freight Volumes, Imports, Maersk, MSC, Ocean Freight, Ocean Freight Rates, Sea Freight, Sea Freight Rates, Shipping
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