Shipping companies' reduction in shipping capacity is effective
Many freight forwarders said that although there are many routes with full capacity, this is basically the reason why liner companies have reduced their ship capacity. "Liner companies hope to push up next year's (long-term association) freight rates, so they reduce shipping capacity and raise freight rates at the end of the year."
A freight forwarder further stated that due to the fact that the explosion was artificially manufactured, it was not a real increase in cargo volume. As for the current level of explosion, the freight forwarder revealed, "It's just a little bit more than normal, not too much.
