The Panama Canal disruptions failed to stop rates to the US East Coast from
slipping last week, with THE Alliance carriers the main casualties from the
reduced transit slots. 2M and OCEAN Alliance services are not affected as yet
with only minimal delays on their Panama services. East Coast capacity remains
sufficient to meet market demand despite draft restrictions that has limited
full container intake for the Panama passage.
Rates to the West Coast rose slightly last week but uneven utiliza