US port call fees would force ACL to exit transatlantic trade, says CEO
Niche transatlantic carrier Atlantic Container Line (ACL) has warned it would have to exit the ...
The unexpected drop in ecommerce traffic has exposed the airfreight market’s “dependency” on this single vertical.
Forwarders told The Loadstar that since the pandemic, the sector had been “geared around ecommerce, with other shippers’ volumes having been down massively for ages; so when ecommerce drops, it has a huge impact”.
One said “ecommerce volumes had fallen off a cliff” since the start of the year, after previously supporting rates out of China.
They added: “This has led to rates ...
'It’s healthy competition' Maersk tells forwarders bidding for same business
Transpacific sees first major MSC blanks as rates fall and volumes falter
US shippers slam USTR port fee plan – 'an apocalypse for trade'
Opposition builds for final hearing on US plan to tax Chinese box ship calls
Despite sourcing shifts, 'don't write-off China', says CMA CGM CCO
White House confirms automotive tariffs – 'a disaster for the industry'
Cargo chief quits WestJet as freighter operations cease
New price hikes may slow ocean spot rate slide – but for how long?
Comment on this article
Stan Wraight
January 15, 2025 at 6:32 amDiversions of freighters from the Atlantic and Latin America to Asia Europe, Charters by gulf carriers and own controlled freighters by major forwarders such as DSV/Schenker, Maersk and CMA CGM etc., did all this added capacity not factor into it, meaning is e-Commerce falling off a cliff or is capacity climbing up a cliff, I suspect the latter.
E-Commerce is going nowhere but up in market share, and as vertical should not be singled out this way.