Forwarder anger as Hapag-Lloyd cuts guaranteed-capacity allocations

Hapag-Lloyd has cut contracted capacity allocations under its Quality Freight Product (QFP) service by as much as 40%, according to one forwarder, raising questions over the flexibility of the carrier’s guaranteed-capacity offering amid the disruption in Asia.  QFP, launched in 2021, is a contractual service designed to give customers guaranteed container space on specified services. Customers com Read full article →