There’s less optimism from Mainfreight over the impacts of global shipping changes.  

Two of the world's largest shipping companies Hapag-Lloyd and Maersk are joining forces, a move some commentators believe will reduce freight prices and provide arrival time reliability.  

But Mainfreight Managing Director Don Braid told Mike Hosking he's not sure it will mean cheaper freight rates, adding it mostly operates on the East to West corridors anyway. 

He says it's possible for cheaper freight to result from the Red Sea opening, meaning quicker shipping. 

However, Braid says, the chances of this happening are low. 

LISTEN ABOVE 

There’s less optimism from Mainfreight over the impacts of global shipping changes. &nbsp;
Two of the world's largest shipping companies Hapag-Lloyd and Maersk are joining forces, a move some commentators believe will reduce freight prices and provide arrival time reliability. &nbsp;
But Mainfreight Managing Director Don Braid told Mike Hosking he's not sure it will mean cheaper freight rates, adding it mostly operates on the East to West corridors anyway.&nbsp;
He says it's possible for cheaper freight to result from the Red Sea opening, meaning quicker shipping.&nbsp;
However, Braid says, the chances of this happening are low.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Don Braid: Mainfreight Managing Director on the new shipping deal between Hapag-Lloyd and Maersk

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b6b3a5f9-b1b1-4e8c-b3d5-b2730146af36/transcript

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