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 ...
Shipping lines are busily trying to keep transpacific spot market rates up, before the start of the next contracting season. From December 1, the Transpacific Stabilization Agreement is recommending increases of $400 per FEU to the US west coast. Think even higher for refrigerated cargo, which is in a “dire” revenue situation.
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