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It’s a showdown for the ages. The two heavyweights of the international shipping industry facing off. In one corner: Air Freight. In the other corner: Ocean Freight. This is like Ali vs. Frazier, Mayweather vs. Pacquiao, Tyson vs. Holyfield, but…

Video format

As noted in LM ocean carriers have taken the unprecedented step of removing capacity in key trades ahead of the peak season in a bid to support freight rates, suggesting their short-term demand forecasts were telling them much the same story. While the ratio does vary for some specific companies, the third quarter of the…