Mexico-US trade may be buoyant, but still faces challenges, say forwarders
US logistics providers are beefing up their capabilities to serve Mexico and the surging flows ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
As shippers become more focused on speed rather than quantity from their hauliers, XPO’s new chief operating officer, Kenny Wagers, has called on them to provide better data. Speaking to JOC, Mr Wagers says if hauliers can get shipment information earlier, they can plan with greater precision, allowing networks to run more “timely”. Like a number of operators, XPO recognises the profit potential from the less-than-trailerload market. Last year the company’s profitability went up despite declining volumes. Even so, Mr Wagers says, more accurate data can improve this further.
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