esc-clecat

Lines taking advantage of capacity crunch, say shippers and forwarders

The European Shippers Council (ESC) and European forwarders organisation CLECAT have urged carriers to respect contractual obligations and ensure a regular flow of cargo and containers during the current crisis. ESC president Denis Choumert said that “shipping lines have been taking advantage of the capacity crunch to increase revenues much beyond their costs…Carriers have been passing on tremendous hikes in spot rates, imposing heavy surcharges above the fixed-term contractual rates.”Clecat ... [+]