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Shipping disruptions are likely as the major shipping lines align under three new alliances and begin offering new routes and services, effective April 1, 2017.
Concerns about historically low ocean freight rates and the bankruptcy of Hanjin Shipping Co. prompted the major shipping lines to implement the new alignment, which is arranged as follows:
- 2M Alliance – Maersk and MSC
- Ocean Alliance – CMA, COSCO, Evergreen, OOCL
- THE Alliance – Hapag-Lloyd, KLINE, MOL, NYK, YML
Member carriers have stated that these alliances will significantly improve the comprehensive network of service offerings for all shippers on the East-West trade lanes.
For more information, contact Debbie McGuire, Manager – Freight Solutions.
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| Volcanic activity, including this large geyser field, exists throughout our mystery country. |
Global Spotlight Quiz
