Transpacific sees first major MSC blanks as rates fall and volumes falter
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are ...
Carriers are being accused of “welching” on newly signed contracts to go after more lucrative premium business.
The Loadstar has seen evidence that some carriers are refusing to honour the MQCs of new contracts with shippers, forcing them to ship a percentage of their contracted volumes at highly elevated rates, plus premium fees and surcharges.
Indeed, a straw poll of LinkedIn shipper and NVOCC contacts this morning revealed carrier-customer relationships have deteriorated considerably in the past couple of weeks.
One UK-based NVOCC, which ...
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