Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key ...
The WSJ’s Erica Phillips has revealed that Amazon, not content with simply leasing aircraft for its freight ambitions, now needs technology to take them even further. The e-tailer is looking to either licence or buy technology which will enable it to find efficient shipping routes and book carriers – of all modes – to move its goods. In the past fortnight, writes Ms Phillips, Amazon has contacted several freight forwarding technology companies, suggesting that once again it plans to cut out the middleman and accomplish its freight efforts alone – allowing it to control its suppliers’ supply chains too. Interestingly, its entry into the tech start-up business could prove too competitive. The article notes that Flexport’s Ryan Petersen “politely declined” to give Amazon a presentation of his company’s technology.
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
Mind the (income) gap with Mærsk, DP-DHL & Kuehne – DSV the safest
K+N will take financial hit to 'create critical mass' for smart labels
Another rail strike in Germany to add to European freight troubles
Boost for Hong Kong air cargo volumes as ban on vape traffic is lifted
Comment on this article