The New World Alliance set to reduce ocean capacity

The New World Alliance said yesterday it will temporarily reduce capacity on selected Trans-Pacific Trade services to coincide with Lunar New Year factory shutdowns in Asia.  The three container shipping lines in the alliance -- APL,
Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) said the winter deployment program is expected to last six weeks; more if necessary.
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Ssource: New World Allianc

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