Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Blueximages
By Alex Lennane
The “frenetic” air freight market has become “pay to play”, as prices soar.
“This is one of the fastest peak seasons ever,” said one air freight forwarder. “The market has got very f..ked up, very quickly.
“It’s becoming a pay-to-play market, and it’s all about deep pockets and whether shippers can afford to pay.”
While Chinese factories are still only about 60% operational, according to one source, one of the biggest issues is lack of raw materials for factories in South-east Asia.
“Air freight ...
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