'Feeding frenzy' over low rates must end, say forwarders
Forwarders need to pull out of the ‘race-to-the-bottom’ on ocean rates or risk losing customers, ...
© Dzmitry Ryzhykau |
There is a lot of concern among freight forwarders about how shipping lines in particular have behaved towards them over the past two years, targeting the business of smaller players.
During the pandemic, shipping lines saw smaller forwarders as “the enemy”, according to WCAWorld CEO Dan March, speaking to The Loadstar at Transport Logistic in Munich last week.
“There was a lot of disquiet about the way the shipping lines acted when the rates blew up and they ripped up people’s contracts, ...
Comment on this article
Dongji Koh
May 21, 2023 at 1:55 pmHmm… very funny on this.. when shipping line was dead before pandemic whereby price been squeeze, losing money YoY, shipping line bankrupted.. no one is talking about it. Now shipping line only earn on that pandemic period, everyone complain.