Trade growth getting stronger, but ocean freight rates stay flattish
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the ...
Think of this blog post from supply chain software provider Quintiq as a companion piece to our story today: the latest on Hyundai Merchant Marine financial restructuring – or lack thereof… Quintiq’s Kris Kosmala argues that container lines that continually focus on cost control are ultimately playing a zero-sum game – at some point there are no more costs to cut. Instead, lines should focus on revenue management: “The only time a line can master higher profits out of their revenues, is when it uses the power of all that data to outsmart their competitors.”
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