Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Airlines are calling on forwarders and shippers to keep rates at sustainable levels. As the summer schedules put extra belly capacity on to the market, customers are trying to renegotiate rates downwards.
“Summer is the silly season when it comes to rates,” the head of cargo for one major airline told The Loadstar. “We’re looking forward to it being over.”
Despite the vast cash reserves and revenues enjoyed by the high tech companies (see below), carriers report that they are the sector ...
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