OOCL results point to loss of market share
Elevated freight rates over the course of last year nearly doubled Hong Kong-based Cosco subsidiary ...
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Cross-border trading between Afghanistan and Pakistan, via the southwestern port of Karachi in Pakistan, has been brought to a virtual standstill as both the Taliban and Pakistani authorities delay traffic.
As if conflict, border controls and burgeoning freight rates were not enough to drive Afghan forwarders and shippers to the wall, they are now having to deal with seemingly intransigent shipping lines insistent on collecting soaring detention & demurrage (D&D) charges.
Since the Taliban takeover of Afghanistan in August, the border crossings ...
Comment on this article
Frank Findlow
September 23, 2021 at 6:47 amUnfortunately it looks like the shipping lines have no Humanitarian spirit, its all about making money, but how stupid or greedy or both are they?
Freight forwarders the world over are doing it tough, whilst shipper [lines] the world over are raking in the money.
Short sighted Greed is all it is, very frustrating.