Three major carriers have announced that they will swap slots on five loops between Asia and the US East Coast.
Currently, Maersk and Mediterranean Shipping Company (MSC) operate five loops on the trade and Zim operates two. From September 2018, Maersk and MSC will contribute four of their loops and Zim will contribute one. The parties will swap slots on all these five loops.
The carriers claim this will generate cost efficiencies for them and provide new opportunities for customers to access an improved product on the Asia – US East Coast trade. Maersk Line said these benefits would include a new direct product from the US East Coast into Thailand.
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