US parcel rates poised for rebound, but shippers can shop around
Parcel shippers finally got a break last month when the US Postal Service signalled lower ...
Port of Felixstowe with a full moon © Rogerashford.
By Alex Lennane
Container lines have come under fire from European shippers claiming the capacity crisis on eastbound exports has resulted in lost contracts and sales.
An emergency meeting of the European Shippers’ Council (ESC) last week heard some exports have been waiting two months to leave Europe, at the same time as spot rates are rising.
“The present capacity is insufficient to take all shipments,” said the ESC in a statement. “In addition, carriers provide no guarantee whatsoever that all goods of a shipment will be loaded.”
The ...
Comment on this article
Alfred Ellis
April 05, 2017 at 1:16 pmOh right. So no carrier has ever had a call from a shipper blackmailing them to reduce their rates or lose the business? Carriers have been losing millions each week for years – and now rates are beginning to turn the shippers are crying foul. I didn’t hear too many complaints when they were paying less to get a box halfway round the world than they were for a domestic haulage price.
You want space? Pay the money.