The transpacific has seen so many new players enter the red-hot tradelane during the pandemic to the point where non-alliance services account for 35% of the trade capacity, according to new data from Danish consultancy Sea-Intelligence. The other three major trades to the east coast as well as to Europe have seen much less change.
The transpacific has welcomed many erstwhile Chinese intra-Asia players recently while a host of shippers have also chartered their own ships to battle the supply chain crunch that has bedevilled retailers and manufacturers over the past 18 months.
