Predatory rivals circle as the ripples from DSV's Schenker buy widen
Forwarders are awaiting the fallout from DSV’s purchase of DB Schenker – and the corresponding ...
PLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGSBA: NEW HIGH AMZN: STRENGTHENING AI TIESBA: FLYING HIGHUPS: NEVER CHEAP ENOUGHAAPL: 'DEPTH'AAPL: KEY EXEC CHANGEAMZN: HAPPY DAYS FOR THE GROOM
PLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGSBA: NEW HIGH AMZN: STRENGTHENING AI TIESBA: FLYING HIGHUPS: NEVER CHEAP ENOUGHAAPL: 'DEPTH'AAPL: KEY EXEC CHANGEAMZN: HAPPY DAYS FOR THE GROOM
DB Schenker has posted a blog on the air freight market, with five “important trends”.
Head of air freight Americas, Asok Kumar, noted that shippers should watch for these trends: there may not be a peak season, although there is a slight uptick in volumes right now. Rates will stay flat in 2020. Trade wars will continue to effect the market; and a hard Brexit could be a problem. He finishes with changes in China, which could lead to bottlenecks in countries such as Vietnam and Thailand.
Despite this series of problems, Mr Kumar remains “cautiously optimistic”. “From the market data we’re seeing and the feedback that we’re receiving, it looks as if we might see some improvement over 2019. There are definitely a lot of external factors that will play into it, so we’ll just have to wait and see.”
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