Interesting developments on the Trans-Atlantic container routes
Kinda funny, initially ships abandoned Trans-Atlantic because Pacific runs to US West Coast were more lucrative. Then things flipped, and liner companies switched back to Trans-Atlantic
Until it stops working …
Been a whole year since rates started declining. Still surprised that there has not been a significant event from any of the major liner companies. Or perhaps, it is happening e.g. via blank sailings, and the companies are careful how the news development is mentioned