'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
It has been a quiet couple of weeks in airfreight, owing to China’s Golden Week.
Overall rates have edged lower, although are starting to rise again; some European freighter airlines cut capacity to China significantly over the holiday, but that is expected to change.
In North America, shippers had prepared for the east and Gulf coast port strikes by ensuring goods were already in place – discounting the need for emergency airfreighted shipments.
Flexport said customer inventories were high. In an interview on ...
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