Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
The return of bellies to the market has led to an increase in cargo capacity, and lower rates than during the pandemic peak, but it’s not yet at pre-Covid levels, claimed IAG Cargo this week.
Increasing passenger flights and available cargo capacity is significant for IAG Cargo, according to Camilo Garcia Cervera, its chief sales and marketing officer.
“With further capacity, we can offer more flexibility in scheduling shipments, which is particularly beneficial for time-sensitive cargo,” he told The Loadstar.
The strong comeback ...
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