DSV – near-$4bn Schenker boost update
Beauty and curse of M&A
Following stable demand during 2023, the contract logistics sector is expected to increase by over 4% globally in 2024 in real terms. This growth extends to Europe (0.2% to 1.0%) and North America (1.6% to 3.8%), according to Transport Intelligence (Ti) projections.
Besides the resiliency of demand and visibility provided by multi-year contracts, several other factors are fueling M&A activity including (i) 3PL’s ongoing push to offer differentiated end-to-end capabilities; (ii) shippers/BCOs desire to reduce complexity by working with fewer logistics ...
Prestige Falcon Houthi attack could be deadliest so far, with 16 crew missing
What will stop ocean freight container spot rates reaching pandemic levels?
FMC halts Gemini alliance and demands more info from Maersk and Hapag
Ports hit by Microsoft outage as supply chain operators fear a rerun of NotPetya
Have spot rates reached their peak? 'We're not out of the woods yet'
US East and Gulf Coast dockers ready to 'hit the streets' in 80 days
EXCLUSIVE: 'Unfair' IATA CASS rules put 'severe financial strain' on forwarders
Carriers getting choosy on what they carry – opting for lighter loads
IATA 'taking a sledgehammer to problem that needs a little tack hammer'
Almost no large box ships available for charter, so feeders are at a premium
Intra-Asia services suffering as smaller box ships are diverted to long-haul trades
Comment on this article