Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
It all started quietly last month soon after Germany’s DB Schenker targeted the clients of Damco, the neglected freight forwarder owned by Denmark’s AP Møller-Mærsk (APMM).
(The latest related background is exhilarating, but that’s for another time. Read on.)
Spin
No matter what the spin for “read-across” purposes, the entertaining idea immediately thrown at me was that, to paraphrase consensus, in Hedehusene, DSV Panalpina (DSV PAN) wasn’t particularly pleased with the way things were going some 25 miles east in Esplanaden, where APMM is based.
Now, ...
For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article