Return to double-digit spot rate gains looms with new FAK hikes and surcharges
As expected after last week’s surge in spot rate levels, this week saw more modest ...
Photo 11366188 © King Ho Yim | Dreamstime.com
If a picture is worth a thousand words, let’s start with this recent gem of a chart from the Journal of Commerce (JOC), which shows who’s taking the winnings from the transpacific volume and rate increases – carriers or forwarders?
Obvs, it’s the carriers.
Has it always been thus?
Nope.
So…
I would love to be able to tell you that the respective market share of carriers and forwarders correlate to changes in demand or rates or port congestion levels or, I don’t know, the ...
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