While people are willing to cut back on items that travel in dry containers, such as apparel or electronics, the food traveling in reefers remains a priority.
The complaint filed with the Federal Maritime Commission claims ocean carriers get chassis at a cheaper rate than trucking companies, resulting in overcharges totaling “as...
China/Hong Kong airfreight rates are nowhere near their peak in May, but they have been slowly gaining altitude since early July with some hint of moderation in August.