container lines

The warnings are loud and clear: If container lines suffer the same demand loss and rate drop they did during the 2009 financial crisis, 2020 will be catastrophic — but if demand falls and rates don't, the coronavirus crisis should be survivable. It's a classic "prisoner's dilemma" scenario for...

The downturn in U.S.-China trade is forcing ocean carriers to cancel a growing number of weekly sailings in the trans-Pacific trade lane, according to a container shipping expert. The cancellations point to a longer recovery in trade between the world's two largest economies and augurs a poor start...