Asia congestion extends trans-Pacific peak season, carriers say
· Logistics · China · United States
Executives at three major container lines say Asia port congestion removed significant functional capacity from the trans-Pacific trade in September. The earlier-than-anticipated peak season is now expected to have a longer tail.
Why it matters:Asia congestion extending the trans-Pacific peak season affects how carriers deploy vessels and shippers secure space and rates.
Key points
- Congestion in Asia removed functional capacity from the trans-Pacific trade in September.
- The peak season started earlier than anticipated.
- Carriers now expect the season to run longer.
Sources (original reporting)
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