Surcharges add up for parcel shippers – and there may be more to come
UPS is hitting cargo owners with multiple surcharges in the run-up to the peak season ...
… so here and now, quick and dirty, let’s note that as the Dow Jones Transportation Average rose, FedEx mimicked its performance during the reference period. While UPS, unfortunately for the bulls (us included, regardless of direction), trailed by a great margin, matching the 10-year US Treasury yield, as VIX fell significantly from the 30s.
Looking for other signs that UPS is still worth our time as we look for value in T&L across the Atlantic, we bumped into research published ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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