Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
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By Alex Lennane
Tomorrow marks the start of China’s Golden Week holiday and factory closures – which means air freight rates are expected to soar from the middle of the month, driving shippers to seek alternative modes.
While the TAC Index (see below) is showing rates currently relatively stable, ...
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