Talk of Schenker, Flexport et al – and a meagre lunch for forwarders
To freight forwarding 1-0-1
That was quick: only about ten weeks after I covered WiseTech Global (WTC) and its corporate strategy, drawing a parallel with XPO Logistics, the shares of the Australian logistics software developer hit another record high (A$16.45) (US$12.25) on Tuesday, before giving up some gains on profit-taking one day later.
For value hunters, that was a great problem to have on Wednesday – which was forgotten, of course, by Friday, when it beat its previous record by A$0.01. After bottoming in early ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
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mobile: +44 7402 255 512
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