HMM steams in with early (for box shipping) adoption of eB/Ls
South Korean state enterprise-owned shipping line HMM has this week committed to adopting electronic bills ...
“Several companies, of which the best-known is Softbank-backed Flexport, have been seeking to use technology to disrupt incumbent profit pools. However, technology is a necessary but not sufficient condition for success, and replicating the logistics capabilities of incumbents will be a long, hard, labor-intensive road.” – Bernstein, 4 April 2023.
In short, the sell-side analysts today argue:
“The best use of productivity-enhancing technology will be in combination with logistics expertise and a broad network of relationships with customers and carriers. Advantage: incumbents.”
While ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article