K+N CEO Paul by the book – 'better to be safe than sorry'
Sheltering
If you joined the JB Hunt Q3 23 call with the analysts after the market closed on Tuesday, you may well have thought for a moment we were still in peak Covid times.
In his prepared remarks, CEO John Roberts stressed that he “was pleased to see the progress in our intermodal segment” – the firm’s core division – “relative to the market in our results”, as JB Hunt gains market share there.
Intermodal Q3 23 sales at almost $1.6bn were down -15% on ...
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Forwarders 'being squeezed' as spot and contract rates move further apart
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Red Sea crisis dictates container fleet capacity trends
Shipper fears resurface as Canadian rail workers renew vote for strike
Airlines add transpac capacity as flood of ecommerce traffic continues
Freighter aircraft: 'we are on the cusp of major change in large widebodies'
MSC to launch Europe-Asia-North America service
Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'
Indian importers turning to bulkers as box line capacity falters
Former Flexport/Amazon execs launch tech start-up for forwarders
Schenker race...Mærsk out – in the name of synergies, or the lack thereof
News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
Container futures trading trend suggests no end to Red Sea crisis this year
Comment on this article