Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
Shippers and forwarders hunting capacity on Asia-Europe trades have been advised to focus on overland routes, as available ocean and air freight capacity hits all-time lows.
During the Journal of Commerce Container Trade Europe webinar yesterday, DHL Global Forwarding head of ocean freight Europe Markus Panhauser, said with capacity on China-Europe rail services also near full capacity, shippers should consider using overland trucking instead, which was proving to be faster than trains.
Once you take out air and ocean freight, he said, ...
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