It's a struggle for 'digital' forwarders, with 'poster boy' Flexport losing value
The proposed sale of ‘digital’ forwarder Forto, as well as EV Cargo, which also considers ...
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By Alex Lennane
There appears to be no end in sight for soaring air freight prices.
Forwarders are reporting more than $500,000 for an Asia-Europe A330 charter, and more than $21 per kg for some urgent shipments on transatlantic routes.
And there are fears, with the next Chinese holiday due, from 1-5 May, that prices might go even higher in the last week of April.
“Spot rates are more than $10/kg on the Far East westbound, and close to $14/kg if you’re looking for capacity to ...
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