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 ...
“Everyone loves a mango,” noted one forwarder last week, pointing to the start of the mango season for airfreight.
However, producers in Bangladesh fear high freight rates will make exports uneconomic.
The farmers are concerned they won’t get good prices for their fruit if exporters fail to compete in international markets due to high carrying costs.
This year the airlines are charging $3.30 per kg to London from Dhaka, compared with $1.95 last year. Freight rates to Toronto have also shot up to ...
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