When volumes drop - the large carriers will get preferential treatment in the routing guide. Shippers are reluctant to pull back on volume from the largest enterprise carriers, knowing they will need them when the market tightens back. 1/n
How much ocean freight do I have on the water?
I have hit my credit limit (high 7 digits) with my primary ocean provider.
You might think Iโm behind in my payments. Nope. Less than 4% of has been invoiced. 96%+ is in transit.
This is nuts.