'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
A clear trend of carriers, both air and ocean, being the ‘financial winners’ of 2024 was highlighted on The Loadstar Podcast, with out-of-pocket shippers dubbed the ‘losers’.
Chief analyst at Xeneta Peter Sand told The Loadstar Podcast: “One clear, outright financial winner, is the performance of [ocean] carriers.
“They went from a disastrous outlook with loss-making freight rates to a dream outlook with all the problems and subsequent massively high freight rates,” he explained.
Mr Sand singled MSC out as a particular winner, ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
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