DP World completes Cargo Services acquisition
DP World has completed its acquisition of Hong Kong-headquartered freight forwarder Cargo Services Far East ...
Excess inventory has been partly blamed for the trouble afflicting the freight market this year. But according to Supply Chain Digest, retailers are now looking to reduce inventory levels, keeping just days’ worth rather than weeks’. This article explains how US retailer Home Depot, among others, wants to grow sales by nearly 15% by 2018 ? while keeping inventory levels flat or slightly down. Walmart, Target and Kohl’s Corp are also trying to keep stocks low, although retailers need to be ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Shippers brace for rate rise as smart phones expected to drive air cargo market
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Comment on this article