Carriers bullish as shipping contract talks loom: 'it won't be a buyer's market'
European shippers are finding it increasingly difficult to begin annual contract negotiations with container shipping ...
North European shippers of heavylift and out-of-gauge cargo to the Middle East and Asia are being told by container lines there is no hope of shipment before June.
Over the past two years, container carriers have aggressively targeted the sector in an endeavour to fill empty slots on previously under-utilised ultra-large container vessels sailing back to Asia.
But now, with a backlog of containers and sky-high rates, box carriers have lost interest. In fact, one project forwarder raged to The Loadstar, at the recent Multimodal Exhibition in Birmingham, that ...
Transpacific sees first major MSC blanks as rates fall and volumes falter
'It’s healthy competition' Maersk tells forwarders bidding for same business
White House confirms automotive tariffs – 'a disaster for the industry'
New price hikes may slow ocean spot rate slide – but for how long?
Shippers snap up airfreight capacity to US ahead of tariff deadline
Supply chain delays expected after earthquake hits Myanmar
Tighter EU import requirements proving 'a challenge' for forwarders
Comment on this article
T Carter
April 17, 2017 at 9:54 pmLots of slots to fill and people are bombarded with calls, then the slots are filled, the routes are profitable and slots are now at a premium and the sales reps move onto the next targets and the carriers are not calling back….. welcome to the world of specialist, equipment-restrained transport!
This is a perennial and cyclical issue – although painful tough it out and overcapacity will return, the fresh faced sales reps will begin calling again and you can get your own back.