Global Shippers Forum welcomes ‘DIY’ container shipping efforts

Secretary general of the Global Shippers Forum, James Hookham, has described moves by leading forwarder Geodis and German purchasing group Xstaff to charter their own container ships from the Far East to Europe to beat soring liner rates and space shortages as “a really good innovation that should be welcomed”. However, he believes that such such initiatives only be a short-lived phenomenon while liner rates remained at unprecedentedly high levels. The ... [+]

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