Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Hapag-Lloyd’s shiny H1/Q2 ’20 results released today include several record readings that, in common with freight forwarders elsewhere in the supply chain, were somewhat unexpected yet temporary. Nonetheless, the numbers prove that Covid-19 was a boon for those who knew how to profit from the pandemic.
While not all the carriers are jubilant during this year’s season, what the German group’s interim update does is raise the bar high for market leader Maersk Line, which reports next week on Wednesday.
The stars ...
Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
USTR fees will lead to 'complete destabilisation' of container shipping alliances
New USTR port fees threaten shipping and global supply chains, says Cosco
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Transpac container service closures mount
DHL Express suspends non-de minimis B2C parcels to US consumers
Zim ordered to pay Samsung $3.7m for 'wrongful' D&D charges
Flexport lawsuit an 'undifferentiated mass of gibberish', claims Freightmate
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