New shipping routes highlight growing Asia-to-Mexico trade

News Snapshot:

MSC, CMA CGM and Cosco have started offering container shipping services from Asia directly to Mexico, calling at locations such as the Port of Manzanillo on the Pacific Coast. (Photo: Asipona) A new sea route from Cosco Shipping Lines became operational on Monday, as several global ocean carriers have initiated services targeting Asia-to-Mexico trade. In addition to Cosco, global ocean carriers Mediterranean Shipping Co. and CMA CGM have launched services to tap into soaring container volumes and growing investment in Mexico by Chinese companies. Cosco Shipping Lines and its subsidiary OOCL’s new Transpacific Latin Pacific 5 (TLP5) line offer direct...