TPM: When the higher cost of air cargo can pay dividends
Air cargo has become a staple for shippers in a volatile post-Covid market, but does ...
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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