Airfreight rate relief for shippers, or are things going to 'turn nasty'?
With air freight rates settling below peak-Covid levels, and the Baltic Air Freight Index slipping ...
Not all shippers are created equal. Ask the loan bankers, and many will single out automotive and mining/commodity-related industries as those to which they are now unwilling to extend the levels of credit they did in the heyday of quantitative easing.
Credit tightening is a pretty relevant matter, in particular for asset-light transport operators whose working capital management is under scrutiny, as stress in the supply chain continues to build at a time when freight forwarding sources talk of “harder times to ...
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
West coast ports suffering as US container imports plunge by 37%
Cost-cutting FedEx Express to retire MD-11s for B767s and 777s
Carriers turn their gaze back to scrubbers as voyage results tumble
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
The 'mother of all BAFs' looms for shippers as green targets advance
WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared
CMA CGM eyes car-carrier market boom as liners are ready to invest
Comment on this article