More shipper pain on the way as carriers levy new peak season surcharges
Ocean carriers have continued their flurry of surcharge and rate increase announcements, which “continue to ...
CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS' HON: DEALS ON THE MENUEXPD: NEW RECORD XPO: THE REBOUNDCAT: PAYOUT UP
CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS' HON: DEALS ON THE MENUEXPD: NEW RECORD XPO: THE REBOUNDCAT: PAYOUT UP
Interesting companion piece, from FreightWaves, to today’s news that Soren Toft is moving from Maersk Line to become chief executive at MSC, its 2M partner but also one of its fiercest competitors. The current orderbook suggests that MSC will close the gap in capacity that currently separates the two rivals. It reports: “Although MSC has a far bigger orderbook, FreightWaves understands that as those vessels join the fleet, chartered vessels will be released. Is it possible that Toft might implement a different strategy that sees MSC vie to take Maersk’s mantle? Time will tell.
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