Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
ID 155043791 © rNedeljko Barjaktarevic | Dreamstime.com
All bets are off on transport costs as China’s output moves back towards pre-virus outbreak levels.
Amid mounting signs of supply chain disruption and a swathe of cost increases, deadlines for annual contract talks are receding into the future, leaving companies to chart uncertain waters with contingency plans stretched to the limits and beyond.
“There’s a lot of anxiety,” reported John Haber, chief executive of logistics expenditure consultancy Spend Management.
“It’s certainly a tremendous challenge. It’s very hard to predict what’s going to ...
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