Nerves over lengthy air cargo contracts fade as a busy Q4 threatens
Volatile B2C ecommerce volumes have made shippers and forwarders “uncomfortable” about entering long-term agreements, according ...
Analysis by shipping consultancy Drewry suggests carrier profits, far from diminishing this year, will rise again as the Omicron variant disrupts supply chains and new contracts are brought into the equation.
Based on what is expected to have been yet another new record for ocean carrier profitability in the final quarter of the year, Drewry has again upgraded its cumulative liner profitability guidance for last year, from $150bn to $190bn.
The consultant said the “remarkable performance” of the liner sector continued into ...
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