Air cargo becomes a sellers' market
from Air Cargo News
The boot is on the other foot now. For years, airlines were craving fixed contracts, while forwarders, egged on by their clients, kept shopping around for the bargain of the day. Recently it is the forwarders who are desperate to secure lift, as the ad hoc market augurs painfully high prices. "The market is more and more changing from a buyer's to a seller's market. Supply is the bottleneck right now, which will not change short term," remarks Ingo-Alexander Rahn, global head of airfreight at DHL Global Forwarding.
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