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 ...
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By Alex Lennane
“Hell on the high seas” has triggered a new rise in air freight rates after a period of relative stability, say forwarders.
One forwarder called the shipping lines “abusive”, with a strategy that is sending shippers back to air freight.
“It’s getting worse. Carriers are failing, neglecting customers, providing a sub-acceptable service and yet increasing rates daily. At least the air freight sector is not being this abusive.”
One Shanghai forwarder, who said the country in terms of Covid was “95% back to ...
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November 19, 2020 at 3:58 amShipping lines work as per there whims and fancies.. There is hardly any control over them.. By any chance you get a container to load, once handed back to line after loading,if the planned vessel does not calls in on time. Again the shipper is the one who suffers, and forced to pay port storage for a delay committed by Shipping line..