Return to double-digit spot rate gains looms with new FAK hikes and surcharges
As expected after last week’s surge in spot rate levels, this week saw more modest ...
This week finds me finally back in Switzerland!
(Next up is Miami on the radar next month.)
Gold medal goes to the IMF, not because I am a huge fan of Gita Gopinath, but because its October forecast provides a good gauge of the transportation demand outlook. It is not happy reading, but here’s some of the highlights: “Global growth is forecast to slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023” … “ a US GDP contraction ...
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Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
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MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
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