OX: UK tour thoughts; Suez update; and more tariffs
And here’s the current narrative
Welcome to March, positive news on EU inflation and US import prices, with a spark of spring in the air.
But let’s go straight to vertical consolidation affairs.
Alex Irving, the analyst at Bernstein who recently trashed Mærsk’s integrator strategy, put it nicely in a chat with Premium:
“Who is positioned to benefit from what structural shifts in the industry, and who suffers from them? I see forwarders as having the most potential… additional complexity in supply ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Comment on this article