Geopolitical tension tempers airfreight optimism as spot rates fall
Geopolitical tensions and slower-than-recent-average growth in December tempered the optimism of an airfreight sector that ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
For any confused shippers, Xeneta has an interesting blog on how to tell NVOCC and freight forwarders apart. While both are considered to be ‘ocean transportation intermediaries’ (OTIs), there are some subtle differences. NVOCCs provide ocean transport as a carrier and traditionally don’t offer forwarding services. But as companies develop new strategies, the lines between the two have blurred and some offer both services. Who provides the best? Xeneta says the jury is out…
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