Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
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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Spot rates on transpacific surge after news of tariff time-out
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