Foreign Trade News
CSAV Suspends Trans-Pacific Loop Service
14.06.2011
Chilean carrier CSAV said it will suspend its Asiam service from India, Southeast Asia and China to the U.S. West Coast because of what it called “prevailing negative market conditions” on the trans-Pacific trade.
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Chilean carrier CSAV said it will suspend its Asiam service from India, Southeast Asia and
The company planned to suspend the service on June 11 with one last eastbound sailing of the Centaurus from
Eastbound spot freight rates have been flat or down since the beginning of the year and are 19 percent lower that what they were at this time last year.
CSAV said its Indus service will continue serving the trans-Pacific trade between the Far East,
The company did not say when it would resume the Asiam service.
The Journal of Commerce Online
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