Home Why Mallory Services Locations Resources Careers Contact Us NEWS & EVENTS Carriers Continue to Shift Capacity to More Lucrative Trade Lanes Aug 5, 2021 | News & Events | Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes, which is in turn driving freight rates up on these secondary trades. Alphaliner said its data showed transpacific routes between Asia and North America had attracted the most extra tonnage over the past few months. There has been a substantial increase in extra capacity, with more than 30 ships between the Far East and the west coast of North America alone. Although more capacity on the Asia-US tradelane is much needed, carriers are also deploying extra loaders and benefitting from the increased premiums that shippers have been paying on these lanes. See Mallory Alexander Asia-Pacific’s Blank Sailing and Extra Loader Tracker here. According to Alphaliner data, in the past 12 months carriers have ramped up capacity between Asia and North America by 30.6%, and on Asia-Europe tradelanes by 19.7%. Of the 30.6% growth on Asia-North America routes, capacity growth has not been equally shared: five carriers have increased their average weekly nominal capacity more than the market average. Nonetheless, redeploying ships to better-paying routes is a win-win for carriers, which after shifting vessels are able to command much higher rates for the capacity-crunched secondary trades. General rate increases (GRI’s) and port congestion surcharges will likely continue to climb. MSC, CMA-CGM, Matson, ZIM, and Hapag-Lloyd have all announced their own varieties of surcharges or increases on a variety of lanes. Source: The Loadstar News & Events Reminder: Implementation of Revised Lacey Act Provisions COVID Threatens Chinese Exports as US Struggles to Restock Inventories Carriers Continue to Shift Capacity to More Lucrative Trade Lanes Limited Vessel Space Leads to Growing Rates Ever Given Finally Sets Sail From Egypt Traffic Mitigation Fee at LA/LGB Port To Increase in August CN’s Open Gateways Commitment in CN-KCS Combination Provides Ag Customers Access They Want Updated Equipment Shortages at China Ports Egypt Expects Ever Given Compensation Deal Signing Next Week US West Coast Ports Prepare for Elevated Peak Season Imports Global Headquarters Mallory Alexander International Logistics, LLC 4294 Swinnea Road Memphis, TN 38118 PHONE: 1-800-257-8464 FAX: 901-370-4288 myMallory PORTALS Supply Chain Visibility RELATED SITES Mexico PAYMENTS Pay Online Sitemap SERVICES Import Export Domestic Warehouse Technology Supply Chain Consulting Fine Art Resources LOCATIONS CAREERS CONTACT US PRIVACY POLICY Copyright © 2021. All rights reserved Mallory Alexander International Logistics Inc. Privacy Policy We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party websites. Third party cookies may track your use of the Mallory Alexander's website. If you continue to browse without changing your settings or you click "Accept", we'll assume that you are happy to receive all cookies on this website. These cookies are completely safe and secure. For more information, please read our Privacy Policy. Accept