Global container demand declines spurred by backhaul blues
All eyes on the tariff fallout
© Khunaspix Dreamstime.
By Alex Lennane
Forwarders and airlines are concluding the first round of negotiations for 2019, which is expected to lead to fewer blocked space agreements (BSAs) than last year.
While both sides expect similar levels of supply and demand this year as last, uncertainty in the market is likely to lead to more ad hoc bookings.
Robert van de Weg, executive vice president of marketing and sales for Volga-Dnepr, said: “I don’t see significant changes, it’s pretty stable.
“But I do foresee less appetite for forwarders ...
Comment on this article