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After another week of eye-watering freight rates breaking into new territory, forwarders have slammed shipping lines for “diabolical” service levels and accused them of “shameless profiteering”.

Asia-Europe rates have reached as high as $14,000, including surcharges, according to some forwarders, while this week’s Shanghai Containerised Freight ...

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  • Gerrit

    December 27, 2020 at 11:07 pm

    .. how these same forwarders love to keep the rates as low as possible, at the risk of the Shipping companies, when there is a surplus of slots (exactly what they are now calling for).
    But when the carriers lower capacity, also because the surplus is no longer a viable option, it’s ‘diabolical’.
    Pot, meet kettle.