Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
By Sam Whelan
Geodis is the latest forwarder to charter capacity out of China amid continuing “chaos” for Asia-Europe container shippers.
The forwarder has chartered a 1,000 teu vessel for a direct sailing from Shanghai to Hamburg, departing 20 January.
“We understand the challenges and work hard to support unprecedented customer demand against challenging market conditions,” Geodis said. “Hence, a vessel is chartered to supplement fixed long term agreements with core carriers … and to deliver certainty amid chaos.”
The move follows DSV’s announcement last month it ...
Comment on this article
Daniel Pettersson
January 12, 2021 at 4:54 pmFascinating how much fuzz DSV managed to make with their charters. Must have read about on the loadstaf at least five times by now. And now Geodis.
DHL already chartered three 1000 teu-vessels since December but apparently forgot to send out a press release.
Alex Lennane
January 12, 2021 at 4:57 pmNice comment! It must be said, though, that DHL has never, ever forgotten to send out a PR in our experience…