Shippers Expected to Gain Advantage in Winter Air Cargo Contract Negotiations

Trade & Border IssuesHot SpotsNetwork AssociationBehind the Wheel
Written By Jennifer Joslyn

✈️ Shippers Expected to Gain Advantage in Winter Air Cargo Contract Negotiations.

As winter approaches, shippers are expected to have the advantage in air freight rate negotiations due to declining demand and spot rates in the air cargo industry. Shippers have initiated talks with logistics partners, aiming to secure 12-month commitments that help reduce costs. This shift is driven by changing market conditions and the need to reflect the current reality of the freight market. Many freight forwarders, who had previously locked in multi-year contracts to secure airline capacity during the pandemic peak, are now facing financial challenges and are under pressure to renegotiate rates that align with the current market environment.

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Jennifer Joslyn
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