Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

Air and sea freight carriers plagued by low rates, weak markets

default_image
© Khunaspix Dreamstime.
By

Forbes has put together a round-up of what’s going on in freight. Gathering information from the Transpacific Stabilisation Agreement, the Stifel Logistics Confidence Index and Drewry, the writer has concluded that, well, things aren’t great. While air freight isn’t currently on its knees and is seeing “mixed results”, sea freight is suffering from discounting and overcapacity.

Read more...

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Rates: the eternal tango CMA CGM financial results Hapag-Lloyd

    Most Read

    The 'mother of all BAFs' looms for shippers as green targets advance

    First shipper uses new land-air corridor ex-India for Bangladesh exports

    Maersk idles more ships while NOOs see a rebound in demand

    Container shipping can see ‘green shoots’ of freight demand recovery

    Forwarding M&A round-up: plenty of action making smaller headlines

    Shippers advised to give strike-hit port of Hamburg a miss

    Some ocean trades stabilising, but transatlantic rates still falling

    Retailers warn of challenging orderbooks amid continued high inventory

    Mind the (income) gap with Mærsk, DP-DHL & Kuehne – DSV the safest

    K+N will take financial hit to 'create critical mass' for smart labels

    Another rail strike in Germany to add to European freight troubles

    Boost for Hong Kong air cargo volumes as ban on vape traffic is lifted

    Older freighters look set for the scrap heap as capacity oversupply looms

    Beijing and Moscow develop rail trade with new route and river bridge

    Maersk says posted data is not current and not from attack by hackers

    Transport and logistics in Europe pushed to beef-up cybersecurity