US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
We are supposed to be in the middle of the peak shipping season on the Asia-Europe and transpacific trades, and although only in hindsight will we be able to judge its strength this year, the emergence of a series of cargo rollovers at Asian ports of loading indicates that some form of peak may be under way. In recent weeks, shippers and forwarders have blamed carriers for artificially manipulating capacity, but this article from Drewry suggests that container lines’ customers also need to take a share of the blame – in particular, forwarders with a propensity for placing ghost bookings, which puts a huge strain on carriers’ systems, while the significant portion of containers delivered late to port further undermines supply chains.
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
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