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Tough contract talks loom for shippers ‘gobsmacked’ by rate increases

December 17, 2021 by Choice Aviation Services0Air Cargo

With capacity remaining extremely tight ahead of Chinese New Year, shippers are bracing for a further wave of rate increases on container trades out of Asia.
The spot rate indices this week were virtually unchanged – the Freightos Baltic Index (FBX) Asia-North Europe component stable at $14,496 per 40ft, and its US west coast and east coast readings at $14,924 and $16,865 per 40ft, respectively.
However, The Loadstar understands that carriers are …

The post Tough contract talks loom for shippers ‘gobsmacked’ by rate increases appeared first on The Loadstar.

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