Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
WTC: ANOTHER DIFFICULT WEEK CHRW: NEW PRODUCT LAUNCHDSV: LEADING THE DROP RXO: CRATERINGDSV: WHAT TO LIKEDSV: BULLISH BAMZN: 'AI EDGE'HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED
WTC: ANOTHER DIFFICULT WEEK CHRW: NEW PRODUCT LAUNCHDSV: LEADING THE DROP RXO: CRATERINGDSV: WHAT TO LIKEDSV: BULLISH BAMZN: 'AI EDGE'HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED
Heart- (not global-) warming news from the Ocean Conservancy blog that a series of major shippers and one forwarder, Kuehne + Nagel, have become the latest signatories to the Arctic Corporate Shipping Pledge, which promises not to use the Northern Sea Route between Europe and Asia. Companies such as Puma, Ralph Lauren and Nike have joined shipping lines MSC, CMA CGM and Hapag-Lloyd, which have already guaranteed not to route their vessels through the Arctic.
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Comment on this article
Martyn Benson
January 09, 2020 at 4:52 pmMaybe you should have mentioned the fact that neither Maersk nor COSCO (nor the Russian state/ Rosatom) have actively pursued the Arctic Route and have not expressed their desire to avoid the Arctic.
What does Mr Skou say about this?