Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
By Alison Koo
Transpacific rates, specifically for US West Coast-bound cargo, are at last showing signs of correction as capacity additions take their toll on the market.
While the Shanghai Containerised Freight Index on Friday showed Shanghai-USWC rates gaining 8% on the previous week, to ...
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