Five things to know about the Chinese logistics market this year
An interesting little bit of crystal ball gazing from US consultancy McKinsey from late February ...
Based on the latest risk index produced by the Chartered Institute of Purchasing and Supply (CIPS), the Wall St Journal reports that since China’s stock markets plummeted in value in recent weeks, overall risk to the integrity of global supply chains now stands at its highest level since 2013 – with the risk of doing business with Chinese firms now on a par with India. “The biggest risk to western firms is that small manufacturers deep in their supply chains buckle as credit tightens. Such companies typically are less transparent about their finances and may only deal with other Chinese suppliers, making it harder for western companies to monitor them. But if they fail, it can interrupt supplies to companies higher up the chain.”
More blank sailings on the cards as ocean spot rates continue to tumble
Rhine closes to barge traffic, with water depth set to hit record lows
Liverpool dockers vote to strike over pay, as stoppage at Felixstowe looms
Carriers plan for more strikes at Felixstowe as docker resolve hardens
South Korean government should sell its HMM shares in stages
Rhine closure imminent as low water hobbles freight movement by barge
M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
Outlook for airfreight darkens, but 'the sky's not likely to fall in'
Comment on this article