BAL re-enters liner trades with transpacific loader
Opportunistic Chinese shipowner BAL Container Line is making a selective comeback to the transpacific trade, ...
© Jirapatch Iamkate
By Alex Lennane
Forwarders have reported a sudden spike in demand in air cargo, forming a ‘very early peak’.
It’s all due to production backlogs and modal shift from the troubled sea freight sector.
“Since last week, rates are climbing everywhere,” said one European forwarder. “Demand increased massively, with distressed ...
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