'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot like the pandemic peak.
“It’s shocking” said one UK forwarder. “The speed and pace of change is phenomenal, replicating the lead-up to the peak of the pandemic.”
The forwarder warned that box lines were jettisoning FAK rate quotes when bookings are made, and contract capacity is being cut.
“It’s a nightmare. Demand is hugely high – we are seeing between 10-20 % growth across our customer base ...
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