LTL carriers step up cost saving as market stays stubbornly soft
As job culls spill over into the less-than-truckload (LTL) sector, XPO has been on a ...
A frank assessment of where it all went wrong for APL owner NOL, from its current chief executive Ng Yat Chung (pictured, left) in an interview with Singapore paper Straits Times, on the eve of the line’s acquisition by CMA CGM. Mr Ng claims that, historically, APL’s success was built on its reputation as a premium service provider, but once cost became the principal metric to compete with their peers, its advantage was blunted. But turning an organisation’s direction in response to changing circumstances is often easier said than done, he admits. “It wasn’t easy because the business model has worked for us so far. There were arguments that when the cycle turned, things would be okay. Unfortunately, this time round, the down-cycle is probably as deep and as long as anyone can remember.”
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article