News / Cargo consolidators turn to FCL as global market dynamics change

© Eugenesergeev |

The pandemic-linked supply chain disruption undeniably boosted the niche less-than-containerload (LCL) NVOCCs and traditional freight forwarders.

But the then acute equipment and vessel space scarcity problems seem to be fading in some regions as ocean capacity far outstrips demand, and freight rates are now lower than pre-covid levels. 

“Sequentially for the month, we saw a broader decline across our key geographies of APAC, Europe, Americas and India,” Allcargo noted, which through ECU has a network of more than 300 offices in some ...