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CKYH to drop one Asia-Europe loop in October

Trade & Trends

Monday, August 27, 2012

The four liner carrier members of the CKYH-Green Alliance said Monday they will cut one of five current loops between Asia and Europe in mid-October. The reduction in the number of services is a seasonal adjustment in capacity for the winter period, when cargo demand typically dips. The alliance members – COSCO Container Lines, “K” Line, Yang Ming, and Hanjin Shipping – didn’t specify which of their services will be cut, adding “more details will be announced when finalized.” ...

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