CKYH Alliance to reduce capacity at end of November

11/27/2009 9:49:23 AM

The CKYH Alliance, comprised of Coscon, K Line, Yang Ming and Hanjin Shipping, has announced that they are adopting a seasonal adjustment program in the Asia – North America trade at the end of November.   With the traditional slack season coming up, the Alliance partners have decided to carry out this program in order to cope with the decreasing demand as well as the rising fuel costs. Specifically, they will be reducing capacity in the trade by 10 percent in the US West Coast and by 20 percent in the East Coast services.   Cargonews Asia

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