Transpac container service closures mount
As spot freight rates on the transpacific trade continue to weaken, the number of service ...
There’s not much time. The industry needs to act now, in fact. Overcapacity could easily reach crisis levels if carriers don’t start to adjust.
So says Air Cargo Management Group (ACMG) in its latest research. It’s not ? as the group admitted ? the most infallible research as it relies on industry growth forecasts. And if forecasts were accurate and available the industry would be in a wholly different position.
But using a modest growth level of 3% as a basis, ...
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