Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
© Rattana Rueangha
As the prospect of a return to pre-Covid rate levels recedes ever further, relentlessly high airfreight pricing is prompting more and more shippers to look for alternatives.
Forwarders are being tasked to understand their supply chains better and come up with creative solutions.
But they and shippers see no sign of pricing descending from the stratosphere any time soon.
“It will be some time before we return to pre-Covid rate levels,” said Jeff Cullen, CEO of Rhenus Logistics Canada.
And Bob Imbriani, executive VP ...
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