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Cuts in ocean service due to China’s Golden Week celebration

The closure of factories during China’s National Golden Weekholiday from October 1 – 7, coupled with the ongoing U.S.-China Trade War, means ocean carriers are cutting back on vessel sailings to compensate for the drop in shipping volumes.

OOCL, a member of the OCEAN Alliance along with COSCO and CMA CGM, and 2M Alliance members Maersk and MSC have announced service cuts on the Asia to North America trade lane for October and early November. This includes nine weekly ocean services to the West Coast, four to the East Coast and two to the Gulf Coast.

If you are planning on shipping during this time period, please contact Debbie McGuire, Manager – Freight Solutions, for help with arranging the best possible shipping options.

Quick Tip #24
Are you using the latest Incoterms?

Make sure your contracts of sale include the appropriate trade term in conjunction with the words “Incoterms 2010”, which came into effect January 2011.

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