Last year saw a number of small containership lines drop out of the transpacific trade amid flat demand growth and intense competition.
The drop-off was notably sharp in the second half, with American Shipper affiliate ComPair Data estimating a 15-percent withdrawal of eastbound transpacific capacity was withdrawn from July.
In late February, American Shipper spoke to Brian Conrad, executive administrator of the Transpacific Stabilization Agreement, about whether the withdrawal of so many service providers on the trade was a good development.
Transpacific barometer
