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Rates misery for ocean shippers set to continue after Chinese New Year

February 5, 2021 by Choice Aviation Services0Air Cargo

Shippers face many more months of inflated freight rates, as ocean carriers show no sign of easing their strategy of keeping capacity tight and favouring high-paying spot cargo. 
In a customer Q&A session this morning, Hapag-Lloyd CEO Rolf Habben Jansen said the carrier was still “flooded with bookings”. 
He said: “It will be well into the second quarter before we get back to anywhere near normal,” And he added: “For the first time …

The post Rates misery for ocean shippers set to continue after Chinese New Year appeared first on The Loadstar.

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