DSV, Mærsk, DP-DHL & Kuehne – 'top-down' fear strikes back
Dante is in the room, he wouldn’t shut up
One theme of today’s news is rising cost levels, which have begun to hit the margins of forwarders and land transport providers. Partly this is to do with the price of oil, which has been on the rise in recent weeks, amid fears of sanction being reapplied to Iran, as well as tensions in Iraqi Kurdistan. gCaptain has helpfully run this Q&A with oil analyst Michael Poulsen at Global Risk Management. The longer-term trend is that global demand is that prices are very gradually rebounding as global demand begins to catch-up with the glut of supply caused by the explosion of shale production
THE Alliance suspends transpacific service, but more capacity cuts needed
EXCLUSIVE: Top executive leaves DB Schenker
Lithium batteries blamed for blaze at UK warehouse storing electric scooters
Maersk insists CMA CGM deal is not a change in green strategy
Evergreen steps up scrapping with two-ship sale as Indian steel prices firm
Multi-billion $ Flexport dish – prepared, baked and served
EXCLUSIVE: Kuehne + Nagel unveils new Europe leader
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Box lines hit by rising fuel costs as OPEC cuts supply
China Railways launches new 50ft container designed for express rail services
Cargolux back in the air as management and unions reach agreement
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Carriers offered joining bonuses by Adani's Kattupalli to win business from Chennai
MSC's second-hand ship shopping spree continues despite declining vessel values
Capacity crunch at Mexico-US border as nearshoring shift boosts freight flows
Cosco starts China’s first full intermodal service for vehicle exports
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