FORTHCOMING CHANGES IN THE SHIPPING INDUSTRY

The forthcoming changes in the shipping industry are affecting exporters, importers and freight forwarders.

Shipping lines must work together, through alliances, to provide the necessary vessels for all services to each port of call in America, Africa, Asia and Europe.

To prevent more financial losses or bankruptcy like HANJIN last year, most ocean carriers are ending their current Alliances (service agreements) by March 31rst. The new ones will be effective as of April 1rsrt.

From the current 4 alliances, only 3 will remain as of April 1st 2017. The number of major carriers has been reduced by almost 50% between 2015 and 2018.

The forthcoming changes entail severe service disruption as the ocean carriers need to realign both their equipment and fleet around the world.

This change will have ramifications such as severe delays and temporary shortage in containers.

The on-going Spanish port strikes make the matter even more difficult.

TRANSO mission is to offer our clients the best service possible as well as competitive prices.

During this troubled season, please be assured that we’ll do our very best to bring you the best solutions as timely possible.

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Most sincerely yours,