East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Forwarders are warning shippers to expect a raise in air freight rates as the market remains strong.
“Carriers are looking to maintain high rates and increases,” said one senior air freight forwarder.
“Customers have experienced low rates for so long that these have become the norm. But they are no longer realistic or acceptable, as carriers seek to maintain positive balance sheets.”
Another added that the strength of the market was giving carriers the confidence to increase pricing, but that it wasn’t a ...
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