Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
By Alex Lennane
Air freight rates should develop in line with the market, rather than through unsustainable price hikes, according to the European Shippers Council (ESC).
Responding to a Loadstar article this week, Rogier Spoel, ESC’s air freight policy manager, called for a “healthy market”.
“In our view, sustainable rates are also stable rates that are fairly predictable and create a healthy market for all parties in the air cargo supply chain over the medium or longer term.
“Price hikes are not seen as sustainable rates by shippers. Rates ...
Comment on this article
Arthur Brown
April 24, 2017 at 2:11 pmThe shippers have been driving pricing down due to excess of belly capacity. Now that capacity is shrinking, they are warning carriers of “unsustainable price increases”? They enjoyed the market when they helped drive down – now it’s time to reap what they’ve sown as the capacity supply shrinks.