Carriers could correct charter market boom
A charter market correction could be looming amid the deterioration in spot rates. Citing the ...
Volatile B2C ecommerce volumes have made shippers and forwarders “uncomfortable” about entering long-term agreements, according to Xeneta’s head of airfreight, Niall van de Wouw – but the threat of a busy Q4 has shifted contracting tactics.
In yesterday’s air freight update, Xeneta and Tiaca noted that the current high-flying airfreight market was indebted to reduced ocean schedule reliability and cross-border ecommerce.
Indeed, Tiaca director general Glyn Hughes noted: “The strength of demand has been quite staggering.
“Ecommerce is having such a ...
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