Shippers will consider longer contracts as reliability improves, but want more trust
With container lines now hitting greater levels of schedule reliability than for some time, shippers ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Ask this question to any shipper and odds-on you’ll hear “no” for an answer, but it would also appear that container shipping lines have now also given up the pretense of caring about reliability.
It’s an open secret no more – they simply don’t give a damn; cost control is the main priority.
According to this typically topical analysis from Drewry, even Maersk, the poster-boy of shipping reliability, has seen its previously high standards decline precipitously. However, this is now starting to cause problems throughout the container supply chain – problems that might ultimately cost the carriers more than they are currently saving on fuel.
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