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News / Slow demand and overcapacity driving a forwarder 'race to the bottom'

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Continuing uncertainty over the global economic outlook has left forwarders facing double-digit declines, leading some to a “race to the bottom”, as spare capacity spikes.

Alphaliner noted another 200,000 teu of ocean capacity hit the market in July, after June’s record-breaking 300,000 ...

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  • Marc Greenberg

    August 11, 2023 at 2:08 pm

    Forwarders racing to the bottom is a carrier mentality. Forwarders should realize the value add services they provide and price accordingly. This race to the bottom is devastating to the industry and we need to break this trend!

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air freight Airforwarders Association airfreight airfreight rates Carriers vs. forwarders shipper-forwarder relations