CMA-CGM’s APL Shipping has launched three new trans-Pacific services between four Asian markets (including China) and 10 central- and south-American countries (including Mexico). The service will reportedly have the fastest South Korea-Mexico service in the industry at 15 days. That competitive edge will matter as shipping from the four countries to Mexico have been in decline after a 12% drop in volumes in 2017, led by an 18% slump in shipments from South Korea and 27% from Japan. APL has chosen its targets carefully though as volumes specifically into Manzanillo and Cardenas – ...
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