Shippers must forecast their freight capacity needs better, say forwarders

October 15, 2020 Alex Lennane

Shippers must become more accurate with their forecasting, say forwarders, particularly when it comes to air freight.
At a customer event yesterday, Flexport’s head of air freight, Neel Jones Shah, urged shippers: “You need to plan ahead for 2021.”
He added: “Forecasting tools have never been more critical. You don’t have the luxury of air cargo capacity sitting on the sidelines, you have to get it right. And you need to ask your ...

The post Shippers must forecast their freight capacity needs better, say forwarders appeared first on The Loadstar.

Previous Article
Covid disruption sees smaller, ‘more nimble’ forwarders score over big rivals
Covid disruption sees smaller, ‘more nimble’ forwarders score over big rivals

Small forwarders are winning against top-25 players in the battle for surging spot-buy airfreight volumes. ...

Next Article
Hapag-Lloyd upgrades 2020 profit forecast 28% after a bumper Q3
Hapag-Lloyd upgrades 2020 profit forecast 28% after a bumper Q3

Hapag-Lloyd has upgraded its full-year earnings guidance by 28% after unaudited third-quarter results came ...