Most people think there will not be a peak season this year. Do they have all the facts?
We know the trade war and it's punitive tariffs have suppressed import freight volumes from Asia.
A natural assumption is this slow down will force carriers to abandon assessing peak season surcharges in 2019.
The wild card in this calculation are the carrier's resolve to reduce capacity to meet demand. If the carriers follow through on their stated objectives, reducing sailings, we are likely to see firming in freight rates and the implementation of surcharges.
We urge you to share your expectations and requirements with your service providers to ensure you have all of the bases covered.