CH Robinson: freight market update – April 2024
Sourced from CH Robinson, updated 18 April 2024. Top story: Supply and demand imbalance continues to ...
If there is a tiny little scary consideration to be made on CH Robinson following its third-quarter (Q3 ’20) update released on Tuesday it’s that the 3PL, which is well known for financial discipline, didn’t manage to buck the trend of declining net revenues by accordingly and effectively adjusting its cost base in order to protect profits.
In a nutshell, whatever metrics should have grown in its portfolio didn’t, while all others that should have fallen, grew.
Even worse than that, given a ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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