“Hell on the high seas” has triggered a new rise in air freight rates after a period of relative stability, say forwarders.
One forwarder called the shipping lines “abusive”, with a strategy that is sending shippers back to air freight.
“It’s getting worse. Carriers are failing, neglecting customers, providing a sub-acceptable service and yet increasing rates daily. At least the air freight sector is not being this abusive.”
One Shanghai forwarder, who said …
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Source: The Loadstar