Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
CHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCINGPEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: BUILDING ON STRENGTH
CHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCINGPEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: BUILDING ON STRENGTH
DHL Global Forwarding believes increased demand this year will keep rates up. The forwarder told Reuters it was seeing growth in both air and sea, while some ocean customers were switching to air because of longer shipment times than normal and some port congestion. And it may be bad news for shippers: rates “have hit a turning point” said the company.
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