Have spot rates reached their peak? 'We're not out of the woods yet'
There are tentative signs that soaring container spot rates may be coming to an end ...
More front-line skirmishes between container shipping lines and freight forwarders over access to shippers: This week, The Loadstar reported that senior forwarders were becomingly increasingly incensed at the way that carriers had transitioned from being their suppliers to their competitors, and this report in Container News appears to show that this changing dynamic is more prevalent than ever. “Reports from freight forwarders claim that Cosco, CMA CGM, Maersk and Hapag-Lloyd are all looking to gain direct access to shippers, either ...
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Comment on this article
D Kumaar
October 24, 2020 at 10:00 amShippers should Market Direct to the Exporters and Importers through Various Digital Marketing Platforms as it will be beneficial for the Shipping Lines and Container Lines as Freight Forwarder are Charging heavy Fees and Shippers Can pass on the Margin to Exporters and Importers and can have More Turnover in Containers