Schenker race...Mærsk out – in the name of synergies, or the lack thereof
DSV in pole, the bulls argue
Regardless of why Asian operations are being restructured at Kuehne + Nagel (K+N) – here is the corporate spin, and here is my take – the hottest topic in the past week or so has been which sizeable target in Asia would catapult the Swiss 3PL into a new dimension in the east.
Reminder: K+N is projected to save about a quarter of a billion US$ after chopping the dividend, and given its healthy free cash flow profile while assuming debt ...
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
US imports still rising – 'strongest performance since the pandemic'
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