Carriers ‘feasting’ on rates boom, oblivious to supply chain chaos around them

Sky-high freight rates and poor service levels from ocean carriers could be the norm until early 2023, according to a customer update from a leading UK forwarder.
Moreover, the forwarder is critical of the apparent disregard shown by carriers to the supply chain crisis, alleging they prefer to “feast” on the current elevated rates and are “blasé” about the fate of their customers.
JAG UFS International, with its logistics HQ in the …

The post Carriers ‘feasting’ on rates boom, oblivious to supply chain chaos around them appeared first on The Loadstar.

Source: The Loadstar

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