Shipper frustration as spot rates rise alongside demand, and cargo is rolled
A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders ...
Delving through its financial statements the book value on inventory at the latest reading* is shown in the table below, standing at about $4.2bn, a record level…
(*The group abides by a 52- or 53-week accounting period ending on the Saturday closest to September 30)
… so: from early 2020, as Covid-19 wave 1 hit, to date, the picture hasn’t changed materially, inventory having in fact risen by about $100m and $200m in value since late 2019 and March 2020, respectively.
A tiny, $1bn-plus, difference ...
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Rail strike looming in Canada: it will come 'at the worst possible time'
Flexport's newly liveried aircraft ready as business looks up
Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Comment on this article