Pacific International Lines will launch a new container service to Oakland, Ca. from Haiphong in Vietnam. That’s likely been driven by surging seaborne traffic from Vietnam – driven by U.S. tariffs on Chinese exports – which climbed 16.9% year over year in the 12 months to Mar. 31. Cosco Shipping, PIL’s partner on the service, is the leading container-line on Vietnam to U.S. west coast ports with a 20.4% share of volumes, followed by ONE and CMA-CGM. The largest U.S. west coast importers from Vietnam are concentrated in the apparel and footwear sectors. The lar...
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