Air forwarders face financial uncertainty – but 'there are opportunities'
Forwarders will be reducing their financial forecasts for the year, as “uncertainty has an adverse ...
© Anastasia Sukhonosova
By Alex Lennane
News that Flexport has done a deal with Canada’s WestJet Cargo to fill its leased aircraft out of the US to Asia, has again put the spotlight on the close relationships between carriers and forwarders that exclude others.
One North American source noted that the deal, which sees Canadian cargo brought into the US by WestJet and then flown to Asia by Flexport, had “alienated most large forwarders”.
But perhaps of more concern for other forwarders – and shipping lines – is ...
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