Ex-Asia airfreight rates start to hit peak season levels as capacity tightens
Air cargo spot rates have hit a new height in the first week of September, ...
South American forwarders are becoming increasingly concerned about a looming ocean capacity crunch as the region’s manufacturing output increases.
One Brazil-based forwarder told The Loadstar North America’s near-shoring drive was resulting in countries across Latin America winning more final-production jobs, leading to a boost in exports to its northern neighbours.
“Obviously, this is good for the continent, but what we are not seeing is an increase in container capacity by the carriers,” the forwarder said.
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