Jury still out on benefits of index-linked contracts for shippers
Freight index platforms are keen to push index-linked agreements (ILAs), but there are questions about ...
Bangladeshi freight forwarders have started sending air cargo to the US west coast via China, as elevated airfreight rates elsewhere mean this is more cost-effective than using Middle East hubs.
As well as soaring rates out of Dhaka, forwarders have reported hubs in the Middle East as congested in recent weeks, particularly as regional tensions increase and airlines were forced to cancel flights.
Last month, Expo Freight, one of Bangladesh’s biggest forwarders, sent 100 tonnes of cargo to the US via China, ...
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