Spot rates still tumbling, with worse to come if carriers return to Suez
The downward spiral of container spot freight pricing accelerated this week, as China begins its ...
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By Alex Lennane
In perhaps the starkest warning yet that freighter fleets might simply be uneconomical even in the long-term, Lufthansa Cargo has told customers: “At the present yield levels there is again no economic justification for a freighter operation on many routes”. This incisive commentary by Cargo Facts shows that this is a more revealing sentence than the headline 20% rate increase.
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