Overcapacity offers trans-Pacific shippers a familiar — and unreliable — bargain

Efforts by carriers to mitigate overcapacity via blank sailings amid depressed container spot rates spell sustained deterioration in container service in general for the foreseeable future, writes Journal of Commerce Executive Editor Mark Szakonyi.

Efforts by carriers to mitigate overcapacity via blank sailings amid depressed container spot rates spell sustained deterioration in container service in general for the foreseeable future, writes Journal of Commerce Executive Editor Mark Szakonyi.