The wake-up call to the cost of unsustainably priced freight sent by the demise of Hanjin Shipping may be short-lived.
Coastal cooperation with domestic peers could be a major driver of that liner turnaround.
Copenhagen-based Maersk has been seeking to reduce its exposure to the energy market.
The new investment brings its total venture capital funding to $13 million.
Carriers will have to reduce services or risk upsetting the supply demand balance as a massive injection of capacity is delivered between now and 2019.
As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.
At least three carriers have pre-filed general rate increases.
The move would heighten competition in a key US domestic market.
After getting off to such a strong start that rates soared and space on ships ran out, exports from Europe to Asia fell steadily in the second quarter.
Spot rates on Asia-Europe fell slightly this week as carriers and shippers regroup in the second half of a relatively solid peak season.