Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Farnair, the European express cargo airline, has bought a share in K-Mile from Malaysia’s Transmile Group. It is Farnair’s second foray outside Europe, following its investment in India’s Quickjet Cargo Airlines two years ago. Sources report that Transmile, meanwhile, is undergoing a reputational and operational restructure after the 2009 charges made against three former executives relating to financial wrongdoing.
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FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
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Shipper frustration as spot rates rise alongside demand, and cargo is rolled
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Airfreight contracts begin to reflect threat of a Q4 capacity crunch
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