Flood of ecommerce will provoke airfreight peak season capacity crunch
Widebody freighter aircraft will be “impossible” to charter by the fourth quarter. According to Pierre van ...
The twin challenges of weakening international demand and higher costs – largely due to supply chain inflation – pushed ASOS, the UK’s e-commerce fast-fashion darling, into a full-year pre-tax loss despite a marginal 1% revenue growth.
According to its latest annual results, released on 19 October, in response ASOS now reckons it may have to write off up to £130m in excess inventory, in addition to scaling back its international supply chain, as it strives to balance its books.
Group revenues for ...
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
US imports still rising – 'strongest performance since the pandemic'
Comment on this article