If a picture is worth a thousand words, let’s start with this recent gem of a chart from the Journal of Commerce (JOC), which shows who’s taking the winnings from the transpacific volume and rate increases – carriers or forwarders?
Obvs, it’s the carriers.
Has it always been thus?
Nope.
So…
I would love to be able to tell you that the respective market share of carriers and forwarders correlate to changes in demand or …
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