12.8 C
Hamburg
Saturday, June 7, 2025
Home Most Popular Cosco pulls China-Canada-US express service

Cosco pulls China-Canada-US express service

COSCO Shipping Lines has withdrawn its express China-Canada-US intermodal service that was launched in October 2021, as carriers continue to trim capacity to respond to falling demand.

Container News was informed that the CEN-EXPRESS service had its last sailing when the Xin Ying Kou arrived at Prince Rupert on 29 November.

The service used five 4,250 TEU ships to move containers from Qingdao and Shanghai in China to Prince Rupert in Canada, from where the containers were railed from DP World’s terminal in Prince Rupert port, via the Canadian National Railway, to Chicago in the United States.

The ships have since been redeployed to COSCO’s Pacific Northwest services.

At the time it was launched, CEN-EXPRESS was marketed as an alternative way for shippers to move boxes from China to the US West Coast; at the time, the lane was suffering unprecedented congestion due to Covid-19 restrictions. Since then, however, the situation has reversed, as global economic uncertainties and inflation affects consumption.

Freight rates have fallen to almost the low levels seen before the pandemic, and carriers have been blanking sailings as a result.


Martina Li
Asia Correspondent





Latest Posts

Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
error: Content is protected !!