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The transpacific shipping route, a vital artery for global trade, is hemorrhaging carriers as the US-China trade war escalates, with new US port fees and plummeting freight rates forcing both niche and major players to retreat. The latest casualty, TS Lines, announced it will exit the Asia-US West Coast service next month, withdrawing its sole […] The post Shipping lines abandon Transpacific as US-China trade war intensifies appeared first on Container News .
Shipping lines abandon Transpacific as US-China trade war intensifies
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