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News / 'Bad apples' in forwarding create 'spot rate black market' in India

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Unscrupulous forwarders in India are taking advantage of “desperate” shippers, using inside information from shipping lines to create a “black market” for spot bookings, it is claimed.

Container shipping’s worst-ever capacity crunch has led to skyrocketing freight rates and a sold-out spot market, said Rakesh Pandit, ...

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  • Paul Kata

    August 12, 2021 at 7:08 pm

    The situation is not getting better.

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Topics

black market capacity crunch Conbox Logistics India Rates - the eternal tango spot rates