Disconnect: time-charters and the freight market
Time to jump off?
Scan Global Logistics (SGL) has launched a “never-seen-before” sea-air cargo service, going via an undisclosed Pacific island gateway.
Ocean freight is shipped from Asian origins to this “secret” SGL hub in the Pacific, where it is loaded on regular passenger flights into multiple US destinations.
According to Greg Barnes, SGL’s senior tradelane manager for Asia, the service was “born out of necessity” during the height of last year’s port congestion and record high freight rates.
“Freight rates had hit $20,000 and you had ...
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