Learn How the New Carrier Alliances Affect Your Ocean Freight Contracts and/or Shipments.
The new ocean carrier shipping alliances are fully operational as of April 2017. These 3 carrier alliances represent nearly 80% of global container trade and roughly 90% of container capacity on major trade routes. The main trade lane that is highly affected by this change and the main reason for the new alliances is the North America-Asia a.k.a. “East-West” trade lane between the Far East and North America which will represent 96% of East-West trade. This post is focused more on the trade routes that related to North America.
If you employ an NVOCC or international freight forwarder to handle your ocean freight, or negotiate your carrier contracts on your behalf, this information will be useful in your decision making.