Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
Major supply chains out of Asia could see a sustained modal shift in the aftermath of global coronavirus lockdowns, as supply and demand in the air fright sector continues to fluctuate wildly.
Jan van Casteren, vice president of Europe at Flexport, told The Loadstar this week the response of carriers to coronavirus was pushing many shippers to rethink their supply chains.
“The first quarter in ocean freight saw a decent recovery, and the coming few weeks are likely also to be decent, ...
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Comment on this article
P Balasubramanian
April 02, 2020 at 4:58 pmThose complacent in air freighter industry ….. a crude wake up call