Spot vs contract gap widens as air shippers get wise to capacity limits
Ecommerce shippers reserving freighter capacity have widened the gap between global contract and spot rates, ...
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch consortium had its bid rejected by a Belgian court.
CMA confirmed that it has put in a bid: “As part of the process to take over Air Belgium, the CMA CGM Group confirms that it has submitted a bid. This offer aims to ensure the continuity of Air Belgium’s cargo operations. We are now awaiting the Tribunal’s decision,” said a spokesperson.
The bid is thought to be ...
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