High demand and tight capacity hits India-North Europe trade
As forwarders start to look towards the end of the peak season on the Asia-Europe ...
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
It was the news some in the UK freight industry had been expecting – last Friday, it emerged that MSC has ended its contracts with third-party hauliers and will now be employing Maritime Transport, the country’s largest container trucking firm which it acquired via its Medlog subsidiary in 2024. Motor Transport was handed a letter sent by Turners’ CEO to employees and drivers at its container haulage subsidiaries Goldstar and MacIntyre, that the world’s largest shipping line had consolidated its UK haulage volumes in-house, the next step in integrating its maritime and overland container supply chains in the country.
And kudos to Turners for the good grace and sanguine manner in which they communicated such a disheartening development, as the extensively quoted letter shows.
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