Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
© Mohammad Nasib Hossain
Some 250 tonnes of increasingly costly airfreight was stuck at Dhaka Airport yesterday, after all four explosive-detection scanners (EDSs) failed and flights were forced to leave without export cargo.
Two of Dhaka’s EDSs are near-permanently out of action. At midnight last night, another was repaired alongside efforts to fix the fourth, after “excessive pressure” caused faults.
Nasir Ahmed Khan, VP of the Bangladesh Freight Forwarders Association, told The Loadstar: “Mainly Europe and UK-bound cargo was affected, as they must use EDSs.
“If they ...
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