Shippers being ‘held to ransom’ as blanked sailings and feeder problems bite

Changes to Asia-North Europe service networks, a knock-on from carriers’ aggressive blanking programs, are “playing havoc” with the container supply chain, according to industry stakeholders.

With both 2M and THE alliance members having suspended loops to October, carriers are merging itineraries or adding extra calls on remaining loops to cover commitments.

However, the resulting disruption for importers and exporters from changes in container pick-up and delivery points has added extra costs and more uncertainty to the supply chain.

Moreover, the carriers themselves are suffering from equipment shortages as containers are discharged or loaded at different ports.

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Source: The Load Star