News / Double whammy for forwarders as shippers demand cheaper rates and airlines want more

© Titipong Jaiharn

Forwarders are being squeezed from two sides as shippers and airlines try to find the best way forward in the current pricing slump.

The former are slow to sign contracts, holding out for further air cargo rate declines, while the latter are unwilling to make commitments, hoping that prices will climb again.

In expectation that rates will continue their downward trajectory, shippers have been dragging their feet.

“Some started contract negotiations in October, but are still calling for further revisions,” reported Rich Zablocki, ...