Comment / Market Insight: Goodbye sea forwarders, says carefree Mærsk (but we can sell you air!)

The worst nightmare of a brilliant CFO who talked to me well before Covid-19, behind close doors four years ago – when still so many referred to the freight forwarders as the smart ones in the chain – has become reality.

“They own the assets”

And that mere thought, you could tell from his eyes and body language, sent shivers down his spine as his company’s margins – yes those of a major 3PL – had already started eroding due to the ...