Trans-Pacific carriers are restricting forwarders’ access to fixed “named-account” rates and pushing bookings to the much higher spot market pricing.
Average US truckload pricing has hardly risen since last June, while less-than-truckload costs continue to climb due to tighter capacity.
Containers offloaded from ships calling at APM Terminal’s Maasvlakte II terminal can be palletized and in trucks “within hours,” thanks to a new cross-dock warehouse, according to the Maersk’s new head of northern Europe.
© 2024 S&P Global. All rights reserved. Reproduction in whole or in part without permission is prohibited.