Forwarders warn shippers against rates that "look too good to be true"

22 May, 2023

Forwarders are warning customers to be wary of rates being offered by rivals for the second half that look "too good to be true".

Several companies have told The Loadstar that some large forwarders are offering very low contract rates for later in the year – which look likely to be lower than spot prices.

"There has been lots of gouging going on by forwarders, the market could crater in 2H," said Sanne Manders, president ocean & air for Flexport.

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