CMA CGM to Cut Transpacific Premium Service as SoCal Port Congestion Hits On-Time Deliveries – gCaptain
By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees. According to Alphaliner, the French carrier has closed its transpacific premium SEA-X service, and is set to launch a new route between China and rival west coast ports of Oakland and Seattle. The SEA-X service offered shippers a money-back if containers were not ready to pick up at its Los Angeles terminal by an agreed date. “It is obvious that severe port congestion at Los Angeles has m...
Source: gcaptain.com