Charting totally dysfunctional box lines
…and the weapon of mass destruction
Digesting the always educational LinkedIn posts of supply chain professor Jason Miller is a must.
One of his recent updates dealt with what the Federal Open Market Committee’s (FOMC) interest rate hikes since Q2 22 will mean for the economic activity of shippers going into 2024. Focussing on manufacturing, in a nutshell, he argued:
– Observation (i): manufacturers have suffered a surge in interest expenses since Q2 22.
– Implication (i): higher interest expenses reduce overall profit.
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Forwarders 'being squeezed' as spot and contract rates move further apart
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
US imports still rising – 'strongest performance since the pandemic'
Red Sea crisis dictates container fleet capacity trends
Airlines add transpac capacity as flood of ecommerce traffic continues
MSC to launch Europe-Asia-North America service
Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'
Freighter aircraft: 'we are on the cusp of major change in large widebodies'
Indian importers turning to bulkers as box line capacity falters
Shipper fears resurface as Canadian rail workers renew vote for strike
Former Flexport/Amazon execs launch tech start-up for forwarders
Schenker race...Mærsk out – in the name of synergies, or the lack thereof
News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
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