News / Forwarders 'being squeezed' as spot and contract rates move further apart

Photo 185616040 | Cargo © Kosal Hor | Dreamstime.com

27/06/2024

Rapidly increasing spot freight rates are diverging further from contract rates, imitating the pattern seen during the pandemic, leaving large shippers in a better position than SMEs and freight forwarders, according to freight rate benchmarking platform Xeneta.

Xeneta market analyst Emily Stausboll said: “Some of ...

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