Excess capacity forecast to constrain rate hikes for two years
OOCL Japan undergoes sea trials after being launched by Samsung Heavy Industries in Korea. The 21,413 TEU vessel is the third to be built from a six-ship order for OOCL. Credit: OOCL
The failure of Sept. 1 rate increases on the trans-Pacific and Asia-Europe trades was a reminder that the structural…
Excess capacity forecast to constrain rate hikes for two years
Journal of Commerce