Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Despite the muted trading activity since China’s new year holiday began this week, spot rates ...
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FIATA, the international trade association that represents the world’s freight forwarders and logistics service providers, says it is time for the world’s container shipping lines to provide greater clarity on the ever increasing variety of surcharges that they apply.
Robert Keen, chairman of FIATA’s Multimodal Transport Institute, says that forwarders are accustomed to currency and fuel surcharges, but need more transparency for other surcharges, often with questionable names and purposes, that are charged to freight forwarders.
Keen said, “In the past, we ...
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