'Mærsk-quits-Schenker' effect? Short-lived!
Sneak peek mode on
The sudden resignation of Jens Drewes, until recently president of Kuehne + Nagel (K+N) Europe, left many of us wondering who may ever have the talent, commitment, attitude and connections to replace a company veteran who is destined to lead Hellmann Worldwide Logistics* from August 2024.
(*A smaller, private forwarder out of Germany. By way of background, if interested, please read: ’The C-suite waltz’, 31 July; and ’K+N’s MD staff reshuffle’, 16 August.)
“Down cycle managers are different to up cycle managers,” one ...
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
Shipper fears resurface as Canadian rail workers renew vote for strike
Red Sea crisis dictates container fleet capacity trends
Airlines add transpac capacity as flood of ecommerce traffic continues
Freighter aircraft: 'we are on the cusp of major change in large widebodies'
MSC to launch Europe-Asia-North America service
Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'
Indian importers turning to bulkers as box line capacity falters
Container futures trading trend suggests no end to Red Sea crisis this year
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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