News / Rivalry between carriers and forwarders could drive Gulf rates down

ChatGPT Image Mar 30, 2026, 12_57_47 PM
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Competition between carriers and forwarders could be set to drive Gulf rates down, according to Drewry, and the analyst advised that now was still a good time to bid for some major lanes.  

But, during a recent webinar, senior manager of container research Simon Heaney cautioned against assuming ...

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  • Andrew Cabanal

    April 16, 2026 at 5:21 pm

    The current competition between carriers and forwarders highlights a pivotal shift for shippers looking to secure better contract rates. While geopolitical disruption in the Gulf has spiked spot rates, the underlying supply-demand balance remains favorable for those willing to go to bid now.

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Contract rates Drewry spot rates