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
Forwarders are taking big risks in the air cargo market as they look to maintain volumes despite rates seeing a 41% drop since last year, with global spot rates now at $2.31 per kg.
“It is getting pretty nasty out there, and stress levels among airlines ...
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