Outlook for container shipping 'more uncertain now than at the onset of Covid'
Shippers are advised to prepare for “difficult operational and shipping conditions” as maritime analyst Drewry ...
It doesn’t surprise you to hear that all the major 3PLs are tightening their belts in a market where uncertainty and headline/trade war risk reign. Right?
Then, it should surprise you even less that the world’s leading ocean freight forwarder, Kuehne + Nagel (K+N), is working hard to pursue operational efficiency, mainly in Asia, according to my trade sources, where changes in terms of operational structure and chain of control are rumoured to be on the cards.
(For more background on K+N’s restructuring ...
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Teamsters union vows UPS will be 'in for a hell of a fight' over jobs cull
Shippers warned: don't under-value US exports to avoid tariffs – 'CBP will catch you'
Cancelled voyages take the sting out of spot rate declines this week
New Houthi warning to shipping as rebel group targets specific companies
K+N CEO unveils impact of US import tariffs on China-origin goods
Blanked sailings in response to falling demand 'just a stop-gap solution'
More pressure on transpacific rates as carriers bet on a China-US trade deal
Comment on this article