Fewer trans-Pacific cuts signal 3Q demand on the mend?

It seems that forecasts must be less gloomy on trans-Pacific routes. Liner alliances are calling for fewer blanked voyages. That’s good news for shippers; but maybe it’s early to believe some won’t be re-canceled.

Sending mixed signals of high volatility is not the best way to keep steady customers happy. Essentially you are making the shippers hold inventory against late delivery. They’ll want that back in lower freight prices. Not pretty.

Greg Miller, Senior Editor   Wednesday, June 17, 2020

https://www.freightwaves.com/news/fewer-trans-pacific-cuts-signal-3q-demand-on-the-mend