Air and sea freight carriers plagued by low rates, weak markets

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Forbes has put together a round-up of what’s going on in freight. Gathering information from the Transpacific Stabilisation Agreement, the Stifel Logistics Confidence Index and Drewry, the writer has concluded that, well, things aren’t great. While air freight isn’t currently on its knees and is seeing “mixed results”, sea freight is suffering from discounting and overcapacity.