Analysis: Bruised DSV – cash not king anymore?
…or just blame investment needs and seasonality
With earnings season* upon us, I didn’t know exactly where I was headed yesterday, 15 April, when I started talking franticly to a senior source.
(*JB Hunt opens the dance floor for land freight and intermodal with its Q1 24 interims after the US market closes today.)
Unwritten agenda of a written conversation: freight forwarders, challenges and opportunities, in the current market environment.
I already had several valuable nuggets lined up, “worth briefly touching upon”, I mused as I typed.
With DB Schenker firmly ...
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Global airfreight volumes blooming as flower shipments take off
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