A divergence from the weakening container sector has seen the MPV trade hold steady, although the potential for a breakbulk cargo grab by container lines cannot be discounted.
PSA BDP acquired a majority stake in Mexico-based forwarder ED International, expanding PSA’s cross-border forwarding network.
The freeing up of vessel capacity that has been diverted around southern Africa for the past 18 months could inject as much as 2 million TEUs of functional capacity into the global container shipping market.
