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Chinese forwarders are seeing freight rates rise as factories reopen and goods start to move. “Factories are reopening bunch by bunch, upon approval, in the areas around Shanghai,” confirmed one local forwarder.
One of the challenges has been haulage, but truck capacity is beginning to return as well, he added. “It’s possible to find more hauliers with a licence, but it is taking longer and prices are more expensive.”
Read more in an article from The Loadstar.