Disconnect: time-charters and the freight market
Time to jump off?
Forward planning by shippers appears to have given the air cargo market a strong ? but stable ? fourth quarter.
Rates are creeping up, but not at a pace normally seen in Q4, and on different lanes from what was expected – nevertheless, they are considerably higher than last year.
WorldACD said this morning that week 46, up to 17 November, saw a “sharp rise” in spot rates out of Europe, particularly to the Americas. Rates out of Europe rose 10% week ...
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