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Cambon: Carriers engaged in 'value destruction'

Shipper forums

Thursday, February 23, 2012

Shippers on the Asia-Europe trade lane should be ready for some sizable changes on their trade from March, as a new set of service alliances commences. Mediterranean Shipping Co. and CMA CGM, the world’s second and third larges container lines, have joined forces on the Asia-Northern Europe trade, as have members of the New World and Grand alliances. A third power group, composed of Evergreen Line and the CKYH Green Alliance members has also formed. Cambon American Sh...

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