De minimis-induced ecommerce demand slump could cripple freighter operators
The US’s considerable de minimis fee and tariff hike will “cripple the [air cargo] industry”, ...
Photo: DP World
Shippers are accusing Asia-North Europe ocean carriers of ‘price gouging’ as FAK (freight all kinds) rates being quoted for January shipment go through the roof.
The Loadstar has been inundated with messages from shipper contacts who just cannot believe the level of rates being quoted by carriers.
“We expected our rates to be increased next year, but not to this level, and apparently they are non-negotiable,” said one UK-based NVOCC.
“This has cemented their $3,000 ...
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