TPM: Carriers' need for better yield puts more pressure on NVOs
Carriers have been managing NVO [non-vessel operator] compliance “much more strictly” in the post-Covid market, ...
Forwarders continue to struggle with the capacity crunch on the eastbound Europe-Asia tradelane, following April’s alliance reshuffle.
However, according to Jan Philipp Harnisch, Rhenus Logistics’ chief operating officer of ocean freight for Asia Pacific, the new generation of “super-carriers”, emerging from unprecedented industry consolidation, should usher in a less-volatile era in liner shipping.
“There have been years of overcapacity, but since the restructuring of the alliances we have been facing a shortage of cargo space,” he told The Loadstar.
“There were enormous rate increases on the eastbound trades ...
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
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