OceanX: Whither TradeLens and the digitisation challenge? China's Covid conundrum
Disquieting digi-questions to digest…
Agility has announced its nine-month results – and as a result of cost control, it said, it has seen a 40% rise in net profit for the period, although revenues remained flat. It admitted that it had been impacted by global economic weakness. Analysts, however, remain a little sceptical about Agility’s figures. Meanwhile, over at German behemoth Deutsche Post, results came in higher than expected as the domestic mail and international courier businesses helped offset adverse currency moves, which had contributed to a slight fall in revenue. But EBIT rose 7% – and the group confirmed its full-year EBIT forecast of between €2.75bn and €3bn.
The 'mother of all BAFs' looms for shippers as green targets advance
First shipper uses new land-air corridor ex-India for Bangladesh exports
Maersk idles more ships while NOOs see a rebound in demand
Container shipping can see ‘green shoots’ of freight demand recovery
Forwarding M&A round-up: plenty of action making smaller headlines
Shippers advised to give strike-hit port of Hamburg a miss
Some ocean trades stabilising, but transatlantic rates still falling
Retailers warn of challenging orderbooks amid continued high inventory
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