Supply Chain Research

Rising container shipping rates and surcharges are starting to draw the attention of governments that are concerned about the impact on exporters. The South Korean government is the latest, calling on the nine major liners to add capacity to Transpacific routes. U.S. seaborne imports from South Korea jumped 21.0% higher in October compared to a year earlier. The expansion has been led by increased shipments handled by Maersk and Ocean Network Express with growth of 72.4% and 54.4% respectively. South Korean domiciled liners HMM and SM Line actually reduced volumes by 16.1% and 70.0% resp...