LOS ANGELES, May 9 (Reuters) - Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing ...

Container Shipping Firms Cull Asia-US Service as Trump Tariffs Collapse Trade By Lisa Baertlein LOS ANGELES (Reuters) -Major container shipping companies are suspending at least six scheduled ...

comprising Ocean Network Express, Hyundai Merchant Marine, and Yang Ming Marine Transport, at 15%. MSC and ZIM currently have a 10% rate of canceled sailings. Ocean carriers are trying to balance ...

The ships on those routes ... voyages - more than any other container carrier, said Daniela Ghimp, project manager for ocean freight rate benchmarking at Drewry. The Premier Alliance, composed of ...

container lines are adjusting their operations. The OCEAN Alliance, comprising China COSCO, Evergreen, CMA CGM, and OOCL, has reduced capacity on transpacific services, while THE Alliance, including ...

Ocean Network Express’ announcement of a $4.24 bn net ... US trade official’s container calculation leads sector to complain “Considering the prevailing geopolitical landscape and the ...

"In the 3 weeks since the tariffs took effect," Peterson explains, "ocean container bookings from China ... as the goods don’t show up. The first ships carrying goods paying the duties arrived ...