Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
The first results of Drewry’s new Benchmarking Club for major shippers comparing contract rates on major east-west container supply chains show a 6% decline between March and July.
The club has produced its first index for the three major east-west routes – Asia-Europe, transpacific and transatlantic, which includes both headhaul and backhaul legs.
It shows the effect of the new contract rate levels on the transpacific trade, which saw a large number signed at the beginning of May. In contrast, contracts on ...
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