Major carriers on the trade lane have notified customers of spot rate increases in excess of $1,000 per FEU effective Aug. 1, with forwarders saying the hikes could stick.
The ability to commit enormous human and financial resources to deploy AI-initiatives across divisions and geographies provides the world's two largest forwarders with a competitive advantage over smaller forwarders.
Less-than-truckload companies searching for freight are digging deeper into economic indicators for signs of demand that still hasn’t hit their docks.
