20 Jun ‘No BSA, no way’ say carriers, as forwarders report tight space and strong air freight rates
The air freight market is experiencing such a strong period that unless customers have blocked space agreements (BSA) – in what is traditionally a low point in the year – there is no guarantee that cargo will be moved.
Airlines say they are having the best May/June for five or six years, while forwarders are reporting that there are no more “soft” BSAs. Customers are already concerned about air freight rates and space in the fourth quarter peak.
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