Ocean Network Express has reportedly struggled with booking delays after its launch on April 1. That’s not a surprise given the complexity of combining three container-lines’ (K-Line, Mitsui-OSK and NYK) systems, though sorting it out quickly will be vital to delivering the promised synergies from the deal. Signs of upheaval could already be seen in the 11% drop in its shipments into the U.S. in March vs. a year earlier, compared to the 2% rise for all shippers. ONE’s most important routes – where it must defend against competition – include Yantian and Hong Kong to Long Beach (10.9% ...
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