Shipper frustration as spot rates rise alongside demand, and cargo is rolled
A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders ...
Shippers are exploiting the gap between forwarders and shipping lines, according to this interesting analysis by Transport Intelligence. Pointing to the discrepancy between Hapag-Lloyd’s claim that it couldn’t make rate increases stick, and DP-DHL’s counter claim that the box lines are controlling the market, author Thomas Cullen suggests that this means shippers are playing them off against each other.
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