There’s a new alliance– THE alliance! It’s signed, it’s for five years, and it seems real, though anyone may back out. What’s interesting is their announced commitment to integration beyond the port. We’ll see how that works out. No sign yet of what they actually plan to do in that area.
THE Alliance formed of Hapag-Lloyd, Hanjin, K Line, NYK, MOL and Yang Ming, with Hyundai out in the cold
Source: Six carriers sign five-year agreement to form new alliance – but Hyundai must wait to join – The Loadstar