DHL rockets – but time ‘for Global Forwarding to catch up with DSV’
…and Schenker dilution might just help
In its June 2024 update, DHL Global Forwarding says that “pick up in demand has taken the market by surprise, leading to a shortage of containers and capacity”.
Moreover:
– “Containership diversions to the Cape route remove another 7% of the total capacity.”
– “Despite a record increase in nominal capacity from new deliveries, effective demand currently exceeds it.”
– “Container shortage has ...
MSC port arm to buy Hutchison ports including Panama and Felixstowe
Carriers put on a brave face amid further decline in ocean spot rates
'Think again' call – China ship fee would double US export costs
Expect a shift in airfreight market as ecommerce changes tack
K+N 'still number-one' in air and ocean – but it's not all good news
US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
Comment on this article