China set to step in and hold down box line rates, with ocean freight 'a global mess'
Chinese authorities are set to interfere in both pricing and capacity management on the transpacific, ...
EXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITY
EXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITY
SeaIntelligence’s Lars Jensen – ever-fascinating about container shipping – is featured in this free-to-view article on Lloyds List. He argues that the industry won’t have a “Kodak” moment of complete disruption. Instead, shipping will be transformed gradually. Boxes will still have to move on a ship, while the Uber model is not likely to work. But, he warns, the structural problems inherent in the industry, such as lack of profitability and overcapacity, will need to be fixed . But even then, there is no guarantee of survival. The impediment to success, he says, is not implementation of technology, but thought processes. And anyone who wants to keep information secret will not succeed.
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